AUCT-001264 | On Auction

Umhlanga Retail Opportunity

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22 July 2020 | 11:00:00 am

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    2020-07-22 11:00:00
    Umhlanga Retail Opportunity

    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

    New Town Centre, KwaZulu Natal


    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.

    To participate in this online auction, visit https://auctions.in2assets.co.za/ from your desktop PC or download the In2assets App from the Google Play Store or App Store.
    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:
    Online
    Auction Start Date and Time:
    22 July 2020 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required.

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    Property Agent
    Luke Hearn
                                        In2assets Representative

    Luke Hearn

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    lukeh@in2assets.com

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