Office Building, Multi Tenanted Office Park in Musgrave

Office Building, Multi Tenanted Office Park in Musgrave

AUCT-001319 | On Auction

The Grove Office Park, 29 Jesmond Grove, Musgrave, Durban, KwaZulu Natal


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Multi Tenanted Secure Office Block. 29 Jesmond Grove, The Grove Office Park, Musgrave, Durban

Site Extent: ± 1 596 m² | GLA: ± 485 m² | Fully tenanted - Gross Annual Income: ± R740 K (Excluding Recoveries) | 8 Secure, well maintained & neat units with 28 on-site parking | Re-development potential

Nestled in the upmarket Musgrave area, this office park more commonly known as The Grove Office Park is a small well-administered and secure office park offering above average accommodation. With 8 separate office suites, here is your opportunity to secure office space located at the very centre of commercial life in Musgrave.

The office park, on the Peter Mokaba Ridge bus route, is close to main access routes to the city centre, North, South and Western Highways. It adjoins the 4-star Coastlands Musgrave Hotel where out-of- town visitors can enjoy luxury accommodation and exceptional facilities including a conference venue, restaurant, spa and other amenities.

Being close to major shopping centres - The Atrium Berea, Musgrave and Silvervause, allows for easy access to numerous banks, businesses, shops, restaurants and entertainment facilities. A Montessori crèche and day-care is located close by for mothers with infants and toddlers to care for.

The Grove Office Park perimeter features full electronic fencing, access control and on-site parking to ensure safety of you and your visitors.

Our units share a tidy lobby, kitchenettes, toilets and wheelchair access to the lower level offices. The Musgrave area is one of the upmarket suburbs which form the greater Berea region. This node is bound by Botanic Gardens Road to the east; Sydenham Road to the north; Brickfield Road to the west and the N3 Freeway to the south. Musgrave is approximately 4 kilometres North West of the Durban's Central Business District.

The immediate neighbourhood is predominantly made up of upmarket residential properties and office accommodation. This area is well known for its popular restaurants, coffee shops and offices. The surrounding properties are well kept, with some being upgraded and modernised. Neighbouring suburbs such as Berea, Essenwood, Morningside and Windermere are within close proximity to the property. Access to the property is from Jesmond Grove directly off Peter Mokaba Ridge Road.

The property is well appointed with regard to location and is in close proximity to all necessary amenities such as public transport facilities, schools; institutional centres; medical centres, hospitals, entertainment and shopping amenities.

https://www.groveofficepark.co.za/

To register and attend this auction, please email [email protected] as attendance is strictly by invite.
Alternatively, bids can be submitted via our online bidding platform https://auctions.in2assets.co.za accessible from both your PC or by downloading the In2assets App from the Google Play Store or App Store.

Commercial Type:
Office Space
Web Reference:
AUCT-001319
List price:
POA
Address:
The Grove Office Park, 29 Jesmond Grove, Musgrave, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
14 October 2020 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque or EFT. No cash. FICA Document are required.
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Auction Date: 14 October 2020 11:00 am


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