Retail and Offices in Gateway, Umhlanga Rocks

AUCT-001392 | SOLD

Retail and Offices in Gateway, Umhlanga Rocks

Sections 1, 2 & 205 SS African Palms, 6 Palm Boulevard, Gateway, Umhlanga Rocks, KwaZulu Natal

IN LIQUIDATION: Upmarket Retail and Office Units in Gateway, Umhlanga Rocks. Sections 1, 2 & 205 SS African Palms, 6 Palm Boulevard, Gateway, Umhlanga Rocks, KwaZulu Natal

J S Maharaj Property Investments CC (In Liquidation)

Masters Ref: D000110/2020

Unit 1: ± 65 m² - Ground floor retail | Unit 2: ± 124 m² - Ground floor retail | Unit 205: ± 158 m² - Second floor offices | Ground floor units facing Gateway Boulevard | Designated secure parking bays

These commercial units, overlook the Gateway Theatre of Shopping’s Palm Boulevard and are located within the African Palms building on Palm Boulevard. These 3 units would make for an excellent investment opportunity, or home for a small professional firm. Both ground floor units are directly opposite Krispy Crème Donuts and Jimmy's Killer Prawns Restaurant. Unit 1 is positioned on the ground floor adjacent to the passage of the African Palms building. It measures 65m² and is currently used as a convenience store / shop. Unit 2 fronts onto Palm Boulevard and measures approximately 124m². This unit comprises of the front retail area with a rear office, kitchen and an open plan office. Unit 205 is positioned on the upper level and comprises of offices, both individual and open plan offices most of which are separated by drywalls. The entrance of this unit is via a forecourt area.

The units form part of the scheme known as SS “African Palms”, a sectionalised mixed-use building which is located within the Umhlanga/Gateway New Town Centre. “African Palms” is situated at 6 Palm Boulevard.
African Palms fronts onto the busy Palm Boulevard, a 'crescent-type' road running adjacent and along the eastern border of the Gateway Shopping Centre. The scheme is located near Fountain Circle and enjoys easy and direct access to Gateway as well as the adjacent developments.

Palm Boulevard links up with both, Medigate Road and Centenary Boulevard which in turn link up with Umhlanga Rocks Drive. Umhlanga Rocks Drive offers easy access down towards the M4 as well as easy access on to the N2 both via the M41 Umhlanga. The local vicinity offers most modern day amenities and public facilities with Umhlanga Rocks Drive providing access to most amenities. The subject development is located directly across from the Gateway Theatre of Shopping, and forms part of the Umhlanga/Gateway New Town Centre.

Commercial Type:
Office Space
Web Reference:
AUCT-001392
Final price:
POA
Address:
Sections 1, 2 & 205 SS African Palms, 6 Palm Boulevard, Gateway, Umhlanga Rocks, KwaZulu Natal
Auction Venue:
The Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
09 December 2020 11:00 am



Auctioneer:
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque or EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 09 December 2020 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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