AUCT-001567 | SOLD

Vacant Property with End User Or Investor Opportunity In Prime Location Of Durban North

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    2021-11-18 11:00:00
    Vacant Property with End User Or Investor Opportunity In Prime Location Of Durban North

    Vacant Property with End User Or Investor Opportunity In Prime Location Of Durban North, 10 Blackburn Road, Parkhill, Durban North

    Site Extent: ± 306 m² | High exposure to North Coast Road and Blackburn Road intersection | Sold vacant occupation | On route of public transport facilities | Fix up property | Ideal for office use, retail, and small businesses by Municipal approval

    Parkhill, KwaZulu Natal


    This property enjoys excellent visibility and exposure in an area that is strong in demand. It provides the perfect opportunity to an end user to utilize the property as a small business premises, as offices or even retail. For the investor, due to the location of the property with easy access to all public amenities, this prime position has always enjoyed a 0% vacancy occupancy merely because the area is a high trading zone.

    The property comprises of an old styled Victorian dwelling which has been used for commercial uses for over a long period of time. This dwelling is set adjacent to 2 other similar type dwellings which at one stage all 3 formed part of one property. This parent property has since been sub-divided.

    The property comprises of a double-parking carport structure accessed directly off Blackburn Road. The existing building comprises of 2 offices and a covered area that is used for storage.

    This property would suite small businesses with uses such as retail, offices or even a small workshop however special consent and approvals must be obtained from the Municipality for any other uses apart from the permitted uses.

    It should be noted that the alarm system (keypad, sensors in most rooms) within the property will form part of the sale.

    The property underlies AMAFA regulations however minor alterations were allowed in the past.

    The property is situated on Blackburn Road, between the suburbs of Redhill and Greenwood Park, which is located approximately 15 kilometres from Durban's Central Business District. This node forms a part of the North Coast Road Commercial and Industrial precinct and the township of Duiker Fontein. The property is positioned approximately 30m from the R102 (Chris Hani/North Coast) Road.

    The area consists of a mixed assortment of residential (sectional title and freestanding dwellings) and commercial uses, with usage ranging from office, showroom and retail accommodation. This node is mainly characterised by established tenants and/or owner-occupiers. On either side of these commercial nodes are well established residential areas. The area is in close proximity to numerous popular industrial nodes such as Riverhorse Valley Business Park, Briardene Industrial Park, Umgeni Business Park and Redhill Industrial Park.

    The property is accessed directly from Blackburn Road which leads to other major road networks such as M12 (Kenneth Kaunda Road) and the R102 (Chris Hani Road). These two major routes provide access to the Durban CBD as well as the N2 Freeway. Most amenities and public transport are located along North Coast Road. The property is within close proximity to the Park Hill Police Station, Redhill Fire Station as well as the Park Hill Medical Centre
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-001567
    Final price:
    POA
    Address:
    10 Blackburn Road, Parkhill, Durban North, KwaZulu Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    18 November 2021 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required

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