Mixed-Use Property with Industrial Units and Car Showroom fronting Umgeni Road

AUCT-001475 | On Auction

Mixed-Use Property with Industrial Units and Car Showroom fronting Umgeni Road

10 Coventry Place, Umgeni, Durban, KwaZulu Natal

Mixed-Use Property with Industrial Units and Car Showroom. 10 Coventry Place, Umgeni

Extent: ±1879m² | GLA: ± 2790m² | 6 x Industrial units & Car showroom fronting Umgeni Road | Subdivision potential | Massive exposure fronting onto Umgeni Road | Newly epoxied flooring | Centrally located


The subject property comprises a mix of uses and varied potential. Currently the property is full title with 3 buildings and 7 lettable areas, these hold the potential to be subdivided and sold off individually.
The property comprises 6 industrial units, 3 on the ground floor and 3 on the first floor, the first-floor levels are access via solid concrete ramps. The warehouse sizes range from ±251m² – 490m². The flooring in the units have recently been epoxied, providing for a very clean and new feel in the property. The property also has a sought-after retail car showroom which fronts onto the busy Umgeni Road of 299m2.

The retail section is directly accessed from the upper levels of the building. The property offers a varied appeal, it may be used by one business in the motor industry who requires separate workshop space to the retail space; or it may be rented out to multiple tenants who require individual spaces; or the property may be sectionalised and sold off. The property also has ±140m² of good quality offices.

Commercial Type:
Industrial Property
Web Reference:
AUCT-001475
List price:
POA
Address:
10 Coventry Place, Umgeni, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
23 June 2021 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: 23 June 2021 11:00:00am


Luke Hearn
                                                         In2assets Representative

Property Agent


Luke Hearn
071 351 8138
[email protected]


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