AUCT-002339 | On Auction

Mixed Use Commercial Property In Sherwood

793 King Cetshwayo (Jan Smuts) Highway, Sherwood, eThekwini Metropolitan Municipality, KwaZulu-Natal

Mixed Use Commercial Property In Sherwood. 793 King Cetshwayo (Jan Smuts) Highway, Sherwood, Durban

Site Extent: ± 1 233 m² | GBA: ± 1 061 m² | Gross Annual Income: ± R428K | Potential Fully Occupied: ± R1.4 Million | High Exposure to Jan Smuts Highway | Ample parking – 20 parking bays | Ideal for offices, food outlet, restaurant, residential flats and shops (Municipal approval required) | Potential for Medical Centre (Municipal Approval required) – Short distance from Ahmed Al Kadi Private Hospital


This versatile mixed-use commercial property, strategically located in the bustling heart of Sherwood, Durban. Situated at a prime address, just minutes from the renowned Ahmed Al Kadi Private Hospital, this property offers a rare blend of convenience, visibility, and adaptability, making it the perfect investment for a wide range of business ventures.

Property Features and Layout

This impressive property boasts a unique combination of part double-storey and part single-storey structures, providing ample space for a variety of uses. The versatile layout is ideal for accommodating shops, offices, residential flats, food outlets, restaurants, and even a medical centre. With 20 dedicated parking bays, the property ensures easy accessibility and convenience for both tenants and customers

The well-maintained exterior and modern architectural design create an inviting and professional atmosphere, enhancing the property's appeal to potential clients and customers. The double-storey section offers additional space for offices or residential units, providing flexibility to meet the specific needs of various businesses.

Unmatched Branding Opportunities

Positioned along a high-traffic corridor, this property offers unparalleled exposure and branding opportunities. The prominent frontage on Jan Smuts Highway ensures that your business is visible to thousands of commuters daily. Whether you're looking to establish a flagship retail store or boutique, a stylish restaurant, or a professional office space, the high visibility will significantly boost your brand's presence in the local market.

High Exposure and Strategic Location

The property's prime location in Sherwood provides excellent connectivity to key areas of Durban. Its proximity to the Ahmed Al Kadi Private Hospital makes it an ideal choice for medical-related businesses, while the surrounding residential neighborhoods offer a steady stream of potential customers for retail and food establishments. The area's growing popularity and ongoing developments ensure that this property remains a valuable asset for years to come.

Versatile Potential Uses

This mixed-use property is perfectly suited to a variety of business types. Retailers can capitalize on the traffic generated by nearby residential areas en-route to the N3 Freeway while office spaces can attract professionals seeking a convenient and prestigious location. The property also lends itself well to being developed into a medical center, leveraging its close proximity to the hospital.

Additionally, the inclusion of residential flats provides an opportunity to generate rental income, catering to the housing needs of professionals working in the area. The combination of commercial and residential spaces creates a dynamic environment that enhances the property's appeal to a diverse tenant base.

Surroundings and Accessibility

The property benefits from being in a vibrant and well-connected area of Sherwood. Major roads, public transport links, and key amenities are all within easy reach, making it a convenient location for both businesses and customers. The surrounding community is a mix of residential, commercial, and healthcare facilities, ensuring a steady flow of potential clientele.

Conclusion

This mixed-use commercial property in Sherwood, Durban, represents a unique and exciting opportunity for investors and business owners alike. With its versatile layout, prime location, ample parking, and high exposure, it is ideally positioned to become a thriving hub for a variety of enterprises. Whether you're looking to establish a retail outlet, a medical centre, or a combination of commercial and residential spaces, this property offers the perfect platform for success.

Commercial Type:
Commercial Building
Web Reference:
AUCT-002339
List price:
POA
Address:
793 King Cetshwayo (Jan Smuts) Highway, Sherwood, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
24 October 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

Bidding opens in


Auction Date: 24 October 2024 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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