AUCT-001441 | On Auction

± 2 300 m² Commercial Property

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    2021-04-21 11:00:00
    ± 2 300 m² Commercial Property

    ± 2 300 m² Commercial Property. 42 Prospecton Road, Prospecton Industrial

    Gross Building Area: ± 600 m² | Zoned: Limited Commercial | Vacant occupation | Positioned in front of Isipingo Home Affairs Department | Ideal property for fast food outlet with drive through

    Prospecton, KwaZulu Natal


    This commercial property is positioned in front of the Isipingo Home Affairs Department, opposite Standard bank and neighbouring a Total Service Station. It is exposed to high levels of vehicular and pedestrian traffic. This property was previously used as a FNB branch and is currently vacant. The building area is approximately 635 m², which will be ideal for a fast-food outlet with a drive through.

    The property currently comprises the existing banks office areas, with 3 built in vaults, ablution facilities and a separate caretaker room. The driveway runs around three sides of the property, but will definitely work for a fast-food outlet drive through. The property is strategically situated in a traditional well-established industrial area that is monopolised by the Toyota Manufacturing Plant, located to the south of Durban, adjacent to the old Durban Airport site.

    The property is bound by 2 roads being Prospecton Road and Prospecton Place and can be accessed from the N2 Freeway in less than a minute. Prospecton forms part of Isipingo and part of the Durban’s South Industrial Basin and is a significant part of the eThekwini Municipality. It has strategic value and longer-term potential for industrial growth and contributes significantly to the national GDP. The area is home to Toyota, S A Breweries, Nampak, GUD, ARB Electrical, Robertson Spices, Unilever, Massmart, Beier, etc.

    The nearest amenities and public facilities are in the neighbouring suburb, Amanzimtoti. Situated within a 2km radius is the Kingsway Hospital, Amanzimtoti Primary School, The Galleria Mall and the Arbour Village which is a retail, office and light industrial park, as well as the Southgate Industrial Park.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-001441
    List price:
    POA
    Address:
    42 Prospecton Road, Prospecton, KwaZulu Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    21 April 2021 11:00 am



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

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