AUCT-002282 | SOLD

Commercial Investment Property in Stanger

Until Our Next Auction

2024-08-20 11:00:00
Commercial Investment Property in Stanger

Commercial Investment Property in Stanger. 128 Balcomb Street, Stanger

Extent: ± 2 227 m² | GBA: ± 732 m² | ± 35 Onsite parking bays | Sold with vacant occupation

KwaDukuza, KwaZulu-Natal


This standalone Commercial property located in the bustling town of Stanger / KwaDukuza presents a lucrative investment opportunity within a vibrant commercial hub. Here are the key highlights and advantages of the property:

Strategic Location:
This property is located on the fringe of the Stanger CBD. Stanger, or as it is now referred to as Kwadukuza, is a town on the North Coast of Kwazulu-Natal, South Africa. The town was re-named to its Zulu name in 2006, before that it was officially known as Stanger. The town is positioned west of the N2 Freeway and South of the R74 Main Road. The town of Stanger enjoys close proximity to Ballito and Umhlanga which is approximately 60km from Stanger.
The property enjoys an excellent position on Balcomb street directly opposite a Super Spar and within walking distance to Mcdonalds, KFC, Mozambik and various other restaurants and fast-food outlets. The property lies in close proximity to the local clinic and is within 500 metres of the Stanger CBD which offers most modern-day amenities.

Improvements:
This property enjoys an extent of ± 2 227 m² and is improved with a single storey commercial building which has an eaves height of ± 6.4 m at the apex and 2.8 m at the eaves. Internally the property comprises of on open plan betting area with teller counters, a bar / snack area, a staff canteen, a private office and ablution facilities for both male and females.

Externally the property is well secured with fencing on all boundaries. The yard area has been laid with crusher run and accommodates parking for ± 30 vehicles

Convenient Access:
The property enjoys direct access from Balcomb Street which links to King Shaka (Couper) Street Via Gizenga Street approximately 500 metres North of the subject property. King Shaka (Couper) Street is regarded as the main street within the CBD and links to the R74 which runs West towards Grey Town. The R74 is easily accessed via both the N2 National Freeway and the R102 Main Road.
Commercial Type:
Commercial Building
Web Reference:
AUCT-002282
Final price:
POA
Address:
128 Balcomb Street, KwaDukuza, iLembe District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
20 August 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

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Muhammad Ali
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