Development Property in Assagay with High Exposure to N3 & M13

Development Property in Assagay with High Exposure to N3 & M13

AUCT-001365 | On Auction

1, 2 & 3 Khaled Road (Off Cliffdale Road), Assagay, Durban, KwaZulu Natal


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High Exposure Development Site. 1, 2 & 3 Khaled Road (Off Cliffdale Road), Assagay.

Total Extent: ± 27 367 m² | High Exposure to N3 and M13 | Easy Access via the M13 |Ideally situated for High Brand Exposure and Advertising

These prime positioned sites are situated in close proximity to the M13 / N3 Split. This property is made up of 3 individual erven that have a combined extent of ± 27 367 m². The property is easily accessed via the M13 by taking the Assagay / Hillcrest (West) Off Ramp. The sites are located ± 1.5 Km from the Off Ramp and are accessed via Khaled Road which is off Cliffdale Road within the suburb of Assagay.
With High exposure on to the M13 and N3 These sites offer prime brand exposure and excellent position for advertising.

Assagay has access to both the M13 and N3 freeway systems linking it directly with Durban and Pietermaritzburg, and Kassier Road links it via Old Main Road to the central commercial area of Hillcrest.
The suburb of Assagay had become known as a middle-income residential area containing a mixture of individual houses, small holdings and small town house complexes; however the considerable development in the greater Hillcrest area, over the past 10 years, has tended to change this image of the area.

Large secure gated estates such as Queensbridge, Silver Oaks, Highmead and the nearby Aintree Lane residential development at Shongweni surrounding the Assagay Hotel have seen the character change to more of a high-income area. The PheZulu Safari Park and the currently developing Stoneford Equestrian Estate is in Assagay and borders on Alverstone.

The new Hillcrest Private Hospital which is now operational and a Retirement Village which is under construction has easy access to the M13. These developments have further boosted the property values in this up-market area.

Commercial Type:
Development
Web Reference:
AUCT-001365
List price:
POA
Address:
1, 2 & 3 Khaled Road (Off Cliffdale Road), Assagay, Durban, KwaZulu Natal
Auction Venue:
Isaiah Ntshangase Road
Durban
Durban
KwaZulu Natal
Auction Date:
18 November 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: 18 November 2020 11:00 am

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