TELKOM-000103 | SOLD

TELKOM PORTFOLIO: Massive Re-Development Property In New Germany

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    2024-08-29 11:00:00
    TELKOM PORTFOLIO: Massive Re-Development Property In New Germany

    TELKOM PORTFOLIO: Massive Re-Development Property In New Germany. 18-32 Qashana Khuzwayo (Shepstone) Road, The Wolds, New Germany

    Site Extent: ± 10.9193 Ha | GBA: ± 5 018 m² | High Exposure – Positioned opposite SPAR Chelsea Centre & New Germany Industrial Park | Sold vacant occupation | Current improvements: 7 x Double Storey Residential Dwellings, Transformer & Substation Rooms, Office Blocks, Staff Ablution Blocks, Workshops, Prefab Workshops | Ideal for creating a dynamic blend of commercial, industrial, and residential spaces

    The Wolds, KwaZulu-Natal


    This prime land on Shepstone Road in New Germany is a blank canvas for visionary developers. With its strategic location, flexible zoning, and proximity to vital infrastructure, this property is poised to become a landmark mixed-use development. Whether you're envisioning a bustling commercial hub, a thriving residential community, or a cutting-edge industrial park, this site offers the perfect foundation for your ambitious projects.

    Property Highlights
    This Prime Mixed-Use Land: Perfect for redevelopment to suit industrial, commercial, or residential mixed-use projects. The Expansive Area consists of ample space to bring innovative architectural visions to life. With a Flexible Zoning, the property is ideal for creating a dynamic blend of commercial, industrial, and residential spaces.

    Potential Uses:
    The opportunities for redevelopment are endless. This property will be ideal for a Commercial Complex; a modern shopping centre with offices and co-working spaces. Developers and investors can create contemporary apartments or townhouses, catering to the growing demand for urban living. The property has the potential as an Industrial Hub with state-of-the-art warehouses, manufacturing units, or distribution centres. The opportunity for a Mixed-Use Development exists, to Combine residential, commercial, and industrial elements for a versatile and sustainable urban space.

    Location Advantage:
    The strategic position on Shepstone Road in the bustling New Germany area, offers high visibility and accessibility. The proximity and easy access to major freeways, ensuring seamless connectivity to Durban, Pinetown, and beyond. The property lies close to key industrial parks and commercial centres, providing synergy and opportunities for collaboration. The properties benefit from existing utilities, transportation networks, and services in a well-developed area.
    The full potential of this exceptional re-development land allows one to Seize this unparalleled opportunity to shape the future of New Germany.

    This property forms part of a National Telkom Portfolio. To view all properties within this portfolio, please download the catalogue or contact us on info@in2assets.com.
    Commercial Type:
    Development
    Web Reference:
    TELKOM-000103
    Final price:
    POA
    Address:
    18-32 Qashana Khuzwayo (Shepstone) Road, The Wolds, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Auction Venue to Follow
    Auction Date:
    29 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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    Property Agent
    Virend Deonarain
                                        In2assets Representative

    Virend Deonarain

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    vdeonarain@in2assets.com

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