AUCT-002302 | On Auction

Versatile Building near to Durban University of Technology

Until Our Next Auction

2024-09-19 11:00:00
Versatile Building near to Durban University of Technology

Versatile Building near DUT. 19 St Thomas Road, Musgrave, Berea

Extent: ± 427 m² | Approved plans for double storey redevelopment | End-user potential

Musgrave, KwaZulu-Natal


This property is currently used as a professional office and has an extent of approximately 181,5 m² with various rooms servicing the occupants' needs.

Location:
The property is situated in the Musgrave area, in close proximity to educational institutions, commercial centres, and residential neighbourhoods. This moderate location offers easy access to various amenities and services, making it highly desirable.

Opportunity:
This property presents the opportunity for buyers looking for a renovation project or to develop new accommodation facilities. Buyers can explore various options, including constructing a modern student accommodation facility or a mixed-use building that caters to both residential and commercial needs.

Neighbourhood:
Musgrave is a dynamic neighbourhood that offers a mix of residential, commercial, and educational facilities. It is known for its vibrant community, diverse dining options, shopping centres, and cultural attractions. The presence of the Durban University of Technology adds to the area's appeal, making it a preferred choice for students and professionals alike.

Tenancy:
The property is sold with vacant occupation, providing the buyer with the flexibility to redevelop or renovate the space without the constraints of existing tenants.
Commercial Type:
Development
Web Reference:
AUCT-002302
List price:
POA
Address:
19 St Thomas Road, Musgrave, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
19 September 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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David Hudson
                                        In2assets Representative

David Hudson

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dhudson@in2assets.com

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