AUCT-002041 | SOLD

± 1 080 m² Commercial Property With High Exposure

51-61 Sylvester Ntuli (Brickhill) Road, South Beach, eThekwini Metropolitan Municipality, KwaZulu-Natal

± 1 080 m² Commercial Property With High Exposure. 51-61 Sylvester Ntuli (Brickhill) Road, South Beach

Site Extent: ± 1 236 m² | Retail & warehouse facility with mezzanine level and outbuilding | Gross Annual Income: ± R780K | Zoned: General Business | 3 Road frontages | Can be purchased together with 43-45 Sylvester Ntuli (Brickhill) Road & 9 Hunter Street

This commercial property is positioned within the South Beach Precinct, on the outskirts of the Durban CBD. Currently the property comprises of a large retail area, supported by a warehouse facility. It further comprises of a mezzanine/first floor open plan area plus an outbuilding. The property fronts onto 3 roads, being Sylvester Ntuli (Brickhill) Road, Hunter Street and East Lane. There is a secure serviced yard area that has vehicular access from both East Lane and Hunter Street.

The property meets the requirements of fire safety in accordance with building regulations with fire detection and alarm system in place.

The area is a bustling and busy area with low vacancies due to the mixed use activities in the node. Business and organizations such as supermarket retailers, automotive services, suppliers and distribution companies, clothing manufacturers and retailers, surfboard manufactures and surf gear outlets and building and hardware suppliers to name a few.

The property is positioned within 300m from the South Beach Checkers Centre and close to the Durban Harbour precinct. The property has good exposure to high volumes of passing traffic.

The property is currently tenanted with a long term lease agreement in place.

Automotive services and product suppliers, as well as surfing factory shops are prevalent in the area. Properties in this area comprises mostly retail space on the ground floor and offices and flats on the upper floor levels.

The site is easily accessible and well-linked to the major road network like the M4 and M4 Ruth First Highway, which serves the surrounding area, as well as to public transport networks, with Moses Mabhida Station in close proximity. Sylvester Ntuli Road links to the Suncoast Boulevard.

The Durban ICC and Hilton Hotel is located nearby.
The property is serviced in terms of necessary amenities including emergency, medical, educational services and transport facilities.

Viewing: Tuesday, 15th August 2023 from 13h00 to 15h00
Friday, 18th August 2023 from 14h00 to 16h00

Commercial Type:
Mixed use Commercial
Web Reference:
Final price:
51-61 Sylvester Ntuli (Brickhill) Road, South Beach, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
22 August 2023 11:00 am

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: 22 August 2023 11:00:00am

Virend Deonarain
                                                         In2assets Representative

Property Agent

Virend Deonarain
Show number

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