AUCT-001433 | SOLD

± 4 000 m² Commercial Property With Re-Development Opportunity Close To The Port

168-174 Umbilo Road, Congella, Durban, KwaZulu Natal

± 4 000 m² Commercial Property Close To The Port. 168-174 Umbilo Road, Congella, Durban

Site Extent: ± 4 085 m² | Available Bulk: ± 6 000 m² | Zoned: General Business 2 | Opportunity to purchase adjacent property at 182 Umbilo Road | Permitted: Warehouse, shops, flats, fast food outlet etc


The property fronts onto Umbilo Road, from which it gains vehicular and pedestrian access as well. It is situated within the suburb of Congella, which is an industrial node, situated west and approximately 2 kilometres from Durban’s Central Business District and close to the Durban Harbour, however various commercial mixed uses are also conducted in the area.

The property is set on the suburb’s northern border and offers easy access to the Durban CBD. Congella is positioned adjacent to the popular Maydon Wharf Industrial node, which is home to the prominent national companies including Portnet.

The property is set on the northern side of Umbilo Road, which is a one-way route running from the southern region of the harbour to the city centre, whilst Sydney Road runs two roads south and carries traffic away from the city centre. Access to Che Guevara (Moore) Road is approximately 500m from the property. King Dinuzulu (Berea) Road is positioned approximately 750m from the property which provides easy and quick access to the N3 Freeway.

The immediate neighbourhood consists of older type industrial properties comprising workshops, warehousing, factory, offices, commercial and retail components. The property is well appointed in terms of necessary amenities including Durban Harbour, emergency, medical, education services and transport facilities. The Davenport Shopping Centre is within walking distance from the property. The property enjoys excellent exposure to high levels of vehicular and pedestrian traffic.

This commercial re-development property with a site extent of 4 085 m² is positioned on the busy Umbilo Road, approximately 500m from the Moore (Che Guevara) Road, within the Congella Industrial node and is positioned approximately 5-10 minutes-drive from the Port.

This property has a bulk factor of over 8 000 m² with less than 25% currently being utilized. Available bulk amounts to more than 6 000 m². The current zoning allows for the development of a warehouse, fast food outlet with drive through, shops and even flats as some of the permitted uses.

The property is secure with boundary walls and has both access and exit driveways.

The ± 3 000 m² of further development land that is currently available is almost flat and mostly tarred. This development land currently consists of a wooden storage facility and an old warehouse.

The developed portion of the property comprises of the office building, 6 lock up garages, 2 x storerooms, and a small workshop which obtains access directly from the development land. The office building fronts onto Umbilo Road and comprises a configuration of open plan and individual offices supported by ablution facilities. Majority of the offices are drywall partitioned. The office block is serviced by a lift which is not in working order. The ground floor offices have shop doors to Umbilo Road, which would be ideal as retail shops being exposed to the high levels of vehicular and pedestrian traffic. This office block can accommodate 3 and more different tenants easily.

Commercial Type:
Mixed use Commercial
Web Reference:
AUCT-001433
Final price:
POA
Address:
168-174 Umbilo Road, Congella, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe Country Club Estate
Mount Edgecombe
KwaZulu Natal
Auction Date:
22 June 2023 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 22 June 2023 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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