Existing Retail Building with Additional Development Land

AUCT-001651 | On Auction

Existing Retail Building with Additional Development Land

65 Wood Road, 20 Henley Road & 170 Roland Chapman Drive, Montclair, Durban, KwaZulu Natal

Existing Retail Building with Additional Development Land. 65 Wood Road, 20 Henley Road & 170 Roland Chapman Drive, Montclair, Durban

Site Extent: ± 4 000 m² | Ex-Retail Facility – GBA ± 750 m² | Zoned: Limited Commercial | Ideal site for national retailer, food outlet with drive thru, hardware etc | Sold vacant occupation | Ample power available as required by Super SPAR


This property offers a re-development opportunity on a site that has a total extent of 4 003 m². There are developments on the properties which are old and vandalized and as such the main focus on this opportunity is re-development. The existing retail facility positioned at 65 Wood Road, Montclair, was previously occupied by SPAR and then by Multi Save, however it was looted during the July 2021 unrest. Thereafter the Seller had no intention of re-instating the property to its original condition. As such, the existing retail component is sold as is. No access was obtained into the existing retail facility. The existing retail facility has ample 3-phase power supply which was the sufficient amount required by a Super SPAR and Muti Save.

There are 2 dilapidated old residential dwellings with some garages that are positioned on 20 Henley Road and 170 Roland Chapman Drive. No access was obtained into these dwellings. The properties’ location is ideal for national or provincial retailers such as Checkers, SPAR, Pick n Pay, Boxer, Save Rite, Check Mart etc. The site is flat and having frontages to 3 roads will be convenient for such a retail organization with ample parking and easy accessibility. In 2010, SPAR did show the initiative to convert the Kwik Spar to a Super Spar and went through the process of drawing up layout proposed plans for the property. Other much needed amenities and retailers required in area include hardware franchises such as Build It, Jabulani Hardware, Builders Warehouse etc. With the property being zoned Limited Commercial, other opportunities include food chains such as Jwaylani, Chester Meats, Bluff Meats and Cambridge. Be it a fast-food outlet with a drive thru or even a strip mall, this property is conveniently positioned amongst mass residential communities such as Woodlands. Yellowwood Park and Sea View and Montclair. The properties are positioned at the Durban South precinct, within a middle to high come suburb known as Montclair. Montclair which forms part of the Sea View Township is positioned west of the Durban Harbour and the Industrial nodes of Bayhead, Congella, Mobeni and Jacobs.

Other immediate suburbs in close proximity include Bellair, Rossburgh, Woodlands, Mobeni and Lamontville. The area comprises many residential sectional title schemes interspersed with single residential dwellings. It is a well-established suburb. Public facilities include the Montclair Park, the Clairwood Hospital and the Woodlands Sports fields. The property has frontages to Wood Road, Henley Road and Roland Chapman Drive and has the potential to obtain access from all 3 roads. Easy access to South Coast Road can be obtained slightly north of the property into the Clairwood Industrial node and slightly south from the property into the Mobeni Industrial node. Necessary amenities available within the immediate area can be found within the Montclair Shopping Centre and easy access to the N2 Freeway via the Higginson Highway can be obtained.

Commercial Type:
Development
Web Reference:
AUCT-001651
List price:
POA
Address:
65 Wood Road, 20 Henley Road & 170 Roland Chapman Drive, Montclair, 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:
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


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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