AUCT-002153 | On Auction

Warehouse Space in Congella

Sections 2, 3 & 4 SS Lenron House, 161 Magwaza Maphalala (Gale) Street, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal

IN LIQUIDATION: Warehouse Space in Durban. Sections 2, 3 & 4 Lenron House, 161 Magwaza Maphalala (Gale) Street, Durban

Goldunes Investments (Pty) Ltd (In Liquidation) | Section 2 (1st Floor) 1 180 m² | Section 3 (2nd Floor) 1 250 m² | Section 4 (3rd Floor) 1 130 m² | Combined Extent: 3 560 m²


These 3 Sections are situated in the building known as Lenron House. This Sectional Title Scheme enjoys a prime position on the corner of Magwaza Maphalala (Gale) Street & Helen Joseph Road within the suburb of Congella, which is a commercial & industrial node, situated west and approximately 2 kilometres from Durban’s Central Business District and close to the Durban Harbour.

Sections 2, 3 & 4 represent the first, second and third floor of the building. Each floor comprises of warehouse space. Section 2 has an extent of 1 180 m², section 3 has an extent of 1 250 m² and section 4 has an extent of 1 130 m². All 3 sections offer a combined extent of 3 560 m²

The property is set on the suburb’s northern border and offers easy access to the Durban CBD. Congella is positioned adjacent to the popular Maydon Wharf Industrial node, which is home to the prominent national companies including Portnet. The property is set on the South Eastern side of Magwaza Maphalala (Gale) Street, which is a one-way route running from the southern region of the harbour to the city centre, whilst Sydney Road runs parallel to Gale Street but carries traffic away from the city centre.

The immediate neighbourhood consists of older type commercial properties with retail components and industrial properties comprising workshops, warehousing, factory and offices. The property is well appointed in terms of necessary amenities including Durban Harbour, emergency, medical, education services and transport facilities. The property enjoys excellent exposure to high levels of vehicular and pedestrian traffic.

Commercial Type:
Industrial Property
Web Reference:
AUCT-002153
List price:
POA
Address:
Sections 2, 3 & 4 SS Lenron House, 161 Magwaza Maphalala (Gale) Street, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
15 February 2024 11:00 am



Auctioneer:
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: 15 February 2024 11:00:00am


Muhammad Ali
                                                         In2assets Representative

Property Agent


Muhammad Ali
Show number
alim@in2assets.com


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