Umhlanga Retail Opportunity

Umhlanga Retail Opportunity

AUCT-001264 | On Auction

Shop No.2, Section 27 SS Grand Central, 6 Solstice Avenue, New Town Centre, Umhlanga Ridge, KwaZulu Natal


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Umhlanga Retail Opportunity. Shop No.2, Section 27 SS Grand Central, 6 Solstice Avenue, Umhlanga Ridge, New Town Centre

A well-positioned frontline retail property | The property consists of ± 190 m² street level space with a ± 80 m² loft mezzanine level | 4 Parking bays | Within ± 50m of Gateway Mall

Locality

This property is located within the Umhlanga new town centre which is a prime, high density urban mixed-use precinct. Within this sought-after region, there is a scarcity of available sites. The property fronts onto Solstice Avenue which is a link road between Twilight Drive and Millennium Boulevard and is a mere 50m from the Gateway Shopping Centre. The surrounding precinct is a bustling business environment, 15 minutes north of the Durban Central Business Centre and the Durban Harbour. The location enjoys easy access onto a network of major roads, with the New King Shaka International Airport and Dube Trade Port 20 minutes north.

The property is a short drive from Umhlanga Rocks Drive and is easily accessible from the M4 Highway just to its east and N2 freeway on the West. The M41 is also easily accessed, which continues westwards to the N2 National Freeway. The local vicinity is characterized by a mixture of retail uses and has many modern and new amenities nearby.

The Umhlanga ridge zone considered one of South Africa’s fastest growing urban nodes, Umhlanga new town centre comprises a combination of residential, commercial offices and retail suites, the area already houses most of South Africa’s leading business brands. It offers an up-market environment where residents will have the ability to live, work and play.


Primary Use

The property has a Mixed Use 1 zoning which allows it to be used for any commercial business activity. There is a street level area of approx. 190m2 and a loft area of approx. 80m2 which is a combined usable space of 270m2. The property is currently used for an upmarket office space and is fully air conditioned. There is a fitted burglar alarm. There is a kitchen and two toilets. There are 2 off-street parking bays. The property is tiled and carpeted and has built in cupboards.

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.

Commercial Type:
Retail Space
Web Reference:
AUCT-001264
List price:
POA
Address:
Shop No.2, Section 27 SS Grand Central, 6 Solstice Avenue, New Town Centre, Umhlanga Ridge, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
22 July 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.
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DIRECTIONS
Auction Date: 22 July 2020 11:00 am



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