Commercial Redevelopment Opportunity in Umlazi

AUCT-001648 | On Auction

Commercial Redevelopment Opportunity in Umlazi

77 Esduardo Mondlane Road, Umlazi W, Durban, KwaZulu Natal

Commercial Redevelopment Opportunity. 77 Esduardo Mondlane Road, Umlazi W

Extent: ± 8 717 m² | Situated in a Busy Node | Ideal for development of a rural retail centre | Easy access Via M30 (Griffiths Mxenge Highway)


This property is situated with in the ‘’W’’ section of Umlazi Township. This township is situated in KwaZulu-Natal, South Africa, south-west of the City of Durban. It is the fourth largest township in South Africa, after Soweto, Tembisa and Katlehong. Umlazi is divided into 26 sections.

Umlazi, like many townships in the urban areas of Cape Town, Port Elizabeth, Durban, and Johannesburg, is witnessing increased private and government investments, as seen in the construction of new shopping complexes, primary and secondary schools, universities of technology and libraries.

This property has an extent of ± 8 717 m² and provides an ideal redevelopment opportunity. The improvement on the property consists of a concreted front yard area with a main building comprising of warehouse space with ablution facilities. This building is constructed of a steel structure with brick in-fill walls and corrugated iron roof sheets with a sisilation underlay in certain parts. The building also offers 8 roller shutter doors for ease of access and can accommodate multiple tenants.

The property enjoys easy access to the M30 (Griffiths Mxenge Highway) via Blessing Mabaso Road which lies approximately 550 m East of the property. Blessing Mabaso Road runs for approximately 750 m South before joining the M30 (Griffiths Mxenge Highway).

Mangosuthu Highway is the most popular road in Umlazi and it links the residents to the many sections. There are now three shopping malls in Umlazi, the Mega-Philani Shopping Centre, Kwa-Mnyandu Shopping Centre and Umlazi Mega City Mall which is located just off the freeway that exits to Umlazi. Almost all sections in Umlazi have a clinic and a police station.

The King Zwelithini Stadium, which is located on the Mangosuthu Highway (Griffiths Mxenge Highway), has been revamped for the 2010 FIFA World Cup it is home to AmaZulu FC football club that is based in and around Umlazi.

The township has two FET Colleges, Umlazi Coastal College V and BB Campuses, , and a university, Mangosuthu University of Technology There area hosts a number of schools such as, Ogwini Comprehensive Technical High School Umlazi Comprehensive Technical High School (ComTech), Menzi High School, Velabahleke High School, Zwelibanzi High School and Qhilika High School. About 30% of homes in Umlazi are informal settlements. Most of these informal settlements have been demolished and replaced with brand new homes and roads that are part of the Reconstruction & Development Programme (RDP)

Commercial Type:
Commercial Building
Web Reference:
AUCT-001648
List price:
POA
Address:
77 Esduardo Mondlane Road, Umlazi W, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe Country Club Estate
Mount Edgecombe
KwaZulu Natal
Auction Date:
19 May 2022 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 19 May 2022 11:00:00am


Muhammad Ali
                                                         In2assets Representative

Property Agent


Muhammad Ali
Show number
[email protected]


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