Tenanted Commercial Property

Tenanted Commercial Property

AUCT-001103 | SOLD

33 Crompton Street, Pinetown, KwaZulu Natal

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Commercial Block, 33 Crompton Street, Pinetown, Durban

GBA: ± 4 280 m² | 36 Basement parking bays | Gross Annual Income: ± R 2.1 Million | Other Tenants leases under negotiations | Zoned: Mixed Use| Fully revamped and refurbished building | Positioned on busy street with high exposure to both vehicular and pedestrian traffic

The property is set on a level, rectangular site to the southern periphery of the Pinetown Central Business District. Pinetown forms part of the Inner West region of the eThekweni Municipality and is approximately 20 kilometres west of the Durban CBD and some 60 kilometres east of Pietermaritzburg. The immediate area comprises commercial properties of similar nature to the subject property which often comprise retail and office components. Crompton Street runs north & south and is the major route bisecting the city centre of Pinetown. It is a dual traffic carriage way and has high volumes of passing pedestrian and vehicular traffic.

The property is positioned at the corner of Crompton Street and Hill Street, enjoys good exposure and is centrally positioned and situated close to all necessary amenities. The property enjoys vehicular access off Crompton Street. There is secure basement parking.

Pinetown is ideally located and enjoys easy access to Durban Central as well as the Upper Highway area. Numerous good schools, popular shopping centres and public facilities are offered nearby. The neighbourhood offers affordable housing to first time home buyers, whilst also offering mixed use industrial activities in the surrounding suburbs of New Germany, Westmead and North Industria. The M19, M13 and N3 freeways are easily accessible.

Commercial Type:
Commercial Building
Web Reference:
List price:
Price undisclosed
33 Crompton Street, Pinetown, KwaZulu Natal
Auction Venue:
The Durban Country Club
Isaiah Ntshangase Road
KwaZulu Natal
Auction Date:
20 November 2019 11:00 am

Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required

Property has been Sold

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