19 Sectional Title Accommodation Units

AUCT-001558 | On Auction

19 Sectional Title Accommodation Units

Sections 1 – 19 SS Brentwood, 37-41 Somerset Avenue, Glenwood, Durban, KwaZulu Natal

19 Sectional Title Accommodation Units. Sections 1 – 19 SS Brentwood, 37-41 Somerset Avenue, Glenwood, Durban

Site Extent: ± 1 600m² | 19 Self Catering Flats within 4 buildings | 2 Sleepers and 3 Sleeper Flats | Accommodation for over 50 people | Ample Secure Parking, Swimming Pool | All Movable items included | Well-maintained | Close to Davenport Centre, Tertiary Institutions, and Popular Food Outlets


This property known as the Brentwood Lodge is positioned within 180m away from the Davenport Shopping Centre and within walking distance from various popular restaurants, fast food outlets, coffee shops, banks and even tertiary institutions. The property comprises of 3 buildings that have over the years been refurbished and designed tastefully reflecting the organizations approach which integrates with the needs of clients/guests. There is a total of 19 self-catering ensuite bedrooms that are fully equipped with beds, built in cupboards, appliances, linen and furniture etc. The property further comprises of a pool, laundry room and ample secure parking.
This property is currently established and very popular with the crew ship staff as clients, national and international travellers and business clients and even with the locals as clients. This area is known as the sports bub of Durban and as such the property is frequented by national sports activists and well as by government staff.

The property is secure with electric fencing.
Since there are 19 Sectional Title flats, each transfer will be under the R1 million threshold for transfer duty and this could be a saving for a potential buyer in excess of R500 000.00. Somerset Avenue links easily to Brand Road which provides easy access to the Metro Route (M11) Che Guevara (Moore) Road thus lending convenient access to and from Durban’s Central Business District and all main beaches. Brand Road hosts commercial banks such as FNB, ABSA and Nedbank, office buildings and some retail outlets. The suburb is flanked to the north by the Western Freeway/N3 Freeway. The suburb is located on the outskirts of Durban’s CBD and close to the upmarket suburbs of Musgrave and Essenwood. The N3 Freeway is easily accessed.

The suburb is an interesting mix of both ‘old and new’ accommodation and commercial types. Many of the original Victorian dwellings are still in place and the presence of mixed-use type accommodation seems to have blended well with the neighbourhoods demographic profile. Small commercial nodes are established at major intersections. These are mostly geared towards boutique type retail accommodation, restaurants and small to medium sized office suites. The industrial area of Congella is only a kilometer east.
The area is fully serviced with tarred roads, sewerage, refuse removal and Telkom networks.

Viewing: Thursday 07 October 2021 from 1pm to 3pm
Tuesday 12 October 2021 from 1pm to 3pm

Residential Type:
Apartment Block
Web Reference:
AUCT-001558
List price:
POA
Address:
Sections 1 – 19 SS Brentwood, 37-41 Somerset Avenue, Glenwood, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 October 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: 19 October 2021 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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