DURBAN LIVE STUDIO AUCTION - ± 178 m² Commercial Office

DURBAN LIVE STUDIO AUCTION - ± 178 m² Commercial Office

AUCT-001246 | SOLD

Section 16 Kingfisher Office Park 2, 28 Siphosethu Road, Mount Edgecombe, Durban, KwaZulu Natal


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± 178 m² Commercial Office. Section 16 Kingfisher Office Park 2, 28 Siphosethu Road, Mount Edgecombe

Extent: ± 178 m² | Vacant occupation | Secure location | Ample parking | Sought-after office park

LOCALITY

The property is located on the western periphery of Mount Edgecombe; which is developed around the Mount Edgecombe Country Estate and set north of the N2 National Freeway. The suburb can be accessed from the either the M41 or the R102 North Coast Road; both of which connect to the N2 National Freeway. The M41 stretches over the N2 into Umhlanga and into the Umhlanga New Town Centre; which is home to the Gateway Theatre of Shopping.

The property is set within an upmarket development known as Kingfisher Lodge and Office Park. The development comprises numerous buildings and the subject property is set within the office park complex along the northern boundary of the property.

The park is fully fenced and secured with a manned access gate. The development is bound by Dumat Place, Siphosethu Road, and the golf estate. The immediate area comprises an interesting mix of uses such as industrial, office and
conferencing facilities. Siphosethu Drive, which runs through the southern periphery of Mount Edgecombe links to the R102 North Coast Road.

The area comprises property of a modern nature. It is also a unique commercial location as it is surrounded by middle to upmarket residential nodes. Most desired amenities are offered by the Umhlanga New Town Centre and the Gateway Theatre of Shopping some 5 minutes away. The New Cornubia Mall is positioned approximately 5 minutes away.

The immediate area has seen a significant capital injection by local and national government infrastructure upgrades as well as private developer projects which include the new Cornubia Mall. The area has always been considered a high demand node which seems to provide good investment returns to both end-use owners and investors alike.

PRIMARY USE

The subject property offers ± 178 m² of upmarket offices in a sought-after and very secure business park. The property is located on the northern boundary of the business park and is accessed via a flight of stairs and overlooks the complex. The property comprises two ablutions each for males and females, a kitchenette and multiple open plan and individual offices. The office also comprises a balcony. The interior is made up of drywall partitioning and can easily be reconfigured to suit a variety of uses.

The property also boasts ducted air conditioning throughout. Parking is in abundance with 8 allocated bays as well as multiple visitors parking bays. The office park is very secure with managed security. The management of the complex is of a high quality resulting in a well maintained and sought-after commercial address.

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https://auctions.in2assets.co.za/

Commercial Type:
Mixed use Commercial
Web Reference:
AUCT-001246
List price:
Price undisclosed
Address:
Section 16 Kingfisher Office Park 2, 28 Siphosethu Road, Mount Edgecombe, Durban, KwaZulu Natal
Property Extent:
±178 m2
Auction Venue:
In2assets Offices
Unit 505 Strauss Daly Place
Durban
KwaZulu Natal
Auction Date:
03 June 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50 000 Refundable registration deposit by way of EFT | FICA Documents are required
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