Mixed Use Investment Property

AUCT-000198 | Property previously listed

344 Florida Road, Morningside, Durban, KwaZulu Natal


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Mixed Use Investment Property, 344 Florida Road, Morningside, Durban

GLA: ± 280 m² | Gross annual income: ± R292K | Situated along busy Florida Road | Newly landscaped gardens | Two road accesses

The subject property is situated at 344 Florida Road which has become famous for its bustling retail strip and restaurants. The property is located within an easy stroll from the Mitchells Park Zoo and Gardens. Situated just 3kms from the Durban CBD, the property is in close proximity to all major amnesties. There is easy access to arterial roads such as Argyle Road and Musgrave Road. The building is characterized by a mixed use of retail, office and residential type accommodation and is fully occupied. The retail component has a modern off street interface and houses an art gallery. A small lane runs off Innes Road and is used as a thoroughfare to the parking garage at the rear of the property. There is also a pedestrian gate from this lane. The property is fully fenced and gated. The Florida Road precinct falls within the Ethekwini municipal special zone.

Viewing: Monday 30 May between 14h00 & 15h00

Commercial Type:
Mixed use Commercial
Web Reference:
AUCT-000198
List price:
Property previously listed
Address:
344 Florida Road, Morningside, Durban, KwaZulu Natal
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
02 June 2016 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Property previously listed


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