AUCT-002269 | On Auction

Mixed Use Block Durban

Until Our Next Auction
23 July 2024 | 11:00:00 am

  • How we Work
    2024-07-23 11:00:00
    Mixed Use Block Durban

    Mixed Use Block Durban. 1 Tunmer Road, Congella, Durban

    Extent: ± 571 m² | GBA: ± 500 m² | Tenanted Retail bottom floor | Corner-site | Excellent exposure | Potential to use whole building as retail

    Congela, KwaZulu-Natal


    Property Description:
    The doubled storey building currently comprises of one retail ground floor, which is fully tenanted including a reception area and ample frontage parking for customers. The first floor comprises of one large double bedroom apartment and one large commercial unit. There is one out building which comprises of a bathroom, with shower and a bedroom in the gated parking area at the. Back of the property.

    Property Location:
    The property is located on a corner site off Tunmer Road and Umbilo Road, which offers good exposure. It is set on the western boundary of the Industrial suburb of Congella, within the Southern Industrial Basin. Congella is positioned adjacent to the popular Maydon Wharf industrial node, which is home to prominent national and international companies. Congella Industrial is bound by the residential node of Glenwood to the west and Maydon Wharf, which is part of Durban Harbour to the east. The suburb is bisected by the M4 Southern Freeway and the property is set west of the M4. The Durban City Centre is approximately 5 kilometres North.

    Property Area:
    The area surrounding the property is one of the high demand and has good occupancy levels. It is predominantly made up of large warehousing and distribution facilities. ‘Port related’ industrial properties are a common sight in the subject area. Many of the buildings within the immediate vicinity are multi-level, which were mostly purposely designed for the clothing manufacturing industry. The neighbouring suburb of Glenwood comprises upmarket residential dwellings and is home to the University of KwaZulu Natal. The King Edward VIII Hospital and the Nelson Mandela Medicine University is within walking distance from the property.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002269
    List price:
    POA
    Address:
    1 Tunmer Road, Congela, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    23 July 2024 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

    Related Documents

    Loading related documents...

    Property Agent
    Marco Forno
                                        In2assets Representative

    Marco Forno

    Show number

    mforno@in2assets.com

    Fill in the below enquiry form &
    We will get back to you shortly.
    WhatsApp