± 22 300 m² Development Opportunity in Queensburgh. 611 - 619 Main Road, Northdene, Queensburgh
Combined extent: ± 22 323 m² | ± 1 Km from M7 (Edwin Swales) Exit | ± 500 Metres from Northdene Train Station | Gross Annual Income: ± 409K
The subject property is located in Northdene which is a suburb of Queensburgh approximately 20km West of Durban in the Greater Durban Metropolitan Area. The property fronts onto Main Road which is a main thoroughfare linking Malvern, Queensburgh and Pinetown and also provides main access to and from the M7 freeway.
The M7 Main Arterial Road in turn links to the N2 National Freeway in the east. To the west, the M7 links to Hansdettman Highway which carries traffic to commercial and industrial businesses to the north (Pinetown, New Germany & Westmead) and the Chatsworth Township to the south.
The property is positioned along the Main Road with very high vehicular traffic. 619 Main Rd currently has a special consent zoning for Institution. The property comprises of various improvements which includes a house that was converted to a drug rehabilitation centre, an old dwelling, double storey church / hall, a double storey residential building with 2 units / flats and an outbuilding with garage.
The Geotechnical Study, Traffic Report and Tachy survey has been completed. The property is fully fenced and gated. The properties surrounding the subject property are off medium to upmarket residential dwellings, as well as Sectional Title complexes and simplexes. All modern amenities are found within the suburb of Northdene, which also forms part of the township of Queensburgh. A police station and other emergency services are found on the Main Road to Malvern.There are various improvements on the property.
Please view https://in2assets.co.za if you would like to Bid via the In2assets Bidding Platform. R 50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.