AUCT-001699 | On Auction

Re-Development Property Opposite St Augustine’s Hospital

Until Our Next Auction
20 July 2022 | 11:00:00 am

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    2022-07-20 11:00:00
    Re-Development Property Opposite St Augustine’s Hospital

    ± 1 130 m² Development Site Opposite St Augustine’s Hospital. 303-307 Helen Joseph (Davenport) Road, Bulwer, Durban

    Site Extent: ± 1 130 m² | Zoned General Residential 1 | Bulk Available: ± 1 350 m² | Redevelopment Opportunity | Ideal for development of block of flats or student accommodation (by special consent) | Potential for 15 x 2 Bedrooms apartments

    Bulwer, KwaZulu Natal


    This property comprises of two ervens with a combined extent of 1 130 m². It currently comprises of two dwellings on each site however demolishment has already begun which is 85% complete. As such, this property presents one with an opportunity for re-development.

    The property is positioned opposite the St Augustine’s Hospital and as such will be perfect for medical offices or even multiple residential development. With the available bulk of 1 356 m², there is potential to develop the property to accommodate 25 two-bedroom units. All municipality approvals and consents will be for the Purchasers liability.

    The property is located within three kilometers of the Durban Central Business District. It is positioned proximity to Entabeni Hospital as well. In the recent years there has been an increased popularity of decentralized office space, many residential dwellings have been granted special consent and been converted and upgraded to offices. The area has at present, mix uses of residential, commercial and business properties.

    The neighborhood comprises residential houses, flats and residential houses converted into offices. The property is close to the Berea Centre, Musgrave Centre and Davenport Centre and has easy access to the N3 Freeway.

    It property is within easy walking distance of retail shopping, restaurants, other forms of entertainment and commercial services. Many Educational facilities are in the area. The area is fully serviced with tarred roads, sewerage; refuse removal, data and telecommunications networks.
    Residential Type:
    Development
    Web Reference:
    AUCT-001699
    List price:
    POA
    Address:
    303-307 Helen Joseph (Davenport) Road, Bulwer, Durban, KwaZulu Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    20 July 2022 11:00 am



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

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