AUCT-001250 | On Auction

DURBAN LIVE STUDIO AUCTION - Zoned Business Premises

Until Our Next Auction
03 June 2020 | 11:00:00 am

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    2020-06-03 11:00:00
    DURBAN LIVE STUDIO AUCTION - Zoned Business Premises

    General Industrial Property For Sale. 17 King Street, Western CBD, Pietermaritzburg

    Erf size: ± 381 m² | GBA: ±136.80 | General Industrial | Off street parking | Roof recently replaced | Periphery of CBD | Commercial/ Industrial Area

    Pietermaritzburg, KwaZulu Natal


    Property is located in King Street Pietermaritzburg, next to North Park Business Park. It is on the periphery of the CBD within walking distance to Victoria Road, which is one of the main arterial roads connecting the Northern and Western suburbs with the CBD. Victoria Rd has been transformed into a bustling retail commercial business area.

    The ± 381 m² property is rectangular in shape and has flat terrain. Access to the back yard is via a shared driveway. This yard consists of a storeroom with ablution, a lock up garage and a steel lean-to supported by garage and storeroom. Four vehicles can comfortably be parked in this area.

    The main “house” is plastered brick under an iron roof that was recently replaced. It has two front rooms (used as showrooms), an open plan work area and a workshop with storage area.

    The Building sizes are as follows:
    House: ± 125 m²
    Verandah: ± 20 m²
    Storeroom: ± 20 m²
    Lock up Garage: ± 11 m²
    Steel Lean-to: ± 26 m²

    The building is largely in good repair with the roof as mentioned having been replaced. The Oregon sprung floor in the one front room may need a little repair.

    This well positioned property comprises of a single storey main building, a rear storeroom with ablutions and a lock up garage. The main building which was originally a house now been adapted to a more commercial use and consists of 2 front rooms, which are used as showrooms, an open plan work area and a workshop with storage area. Further improvements to the property include a steel lean-to which has been constructed between the storeroom and lockup garage with steel sheeting.

    Most of the neighbouring properties, like this one, are old houses that have been upgraded and converted to host small commercial and industrial businesses, for either end users or investors.

    To participate in this Durban Live Studio Auction, please download our App from the App Store (iPhone) or Play Store (Android) to bid.

    https://auctions.in2assets.co.za/
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-001250
    List price:
    POA
    Address:
    17 King Street, Pietermaritzburg, KwaZulu Natal
    Auction Venue:
    In2assets Offices
    Unit 505 Strauss Daly Place
    Durban
    KwaZulu Natal
    Auction Date:
    03 June 2020 11:00 am



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

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    Property Agent
    Alan Martin
                                        In2assets Representative

    Alan Martin

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    alan@in2assets.com

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