AUCT-002383 | SOLD

Frontline Retail Building Overport

429 Peter Mokaba Ridge (Ridge Road), Overport, eThekwini Metropolitan Municipality, KwaZulu-Natal

High-Exposure Retail Building Overport. 429 Peter Mokaba Ridge (Ridge Road), Overport

Extent: ± 177 m² | GBA: ± 480 m² | 3 Floors | End-user opportunity


Prime Location & Accessibility:
This 177 m² property, facing Overport City and the vibrant intersection of Peter Mokaba Ridge and Overport Drive, presents a unique opportunity for high-exposure retail ventures.

Strategically positioned near major arterial routes, including easy access to the N3 highway, the property ensures seamless connectivity to various parts of the city. This prime location is further enhanced by its proximity to key commercial and retail landmarks, such as the Musgrave Shopping Centre, The Atrium (formerly Overport City), and Ridge Park College, a leading international girl’s high school. These popular destinations drive significant foot traffic, ensuring a steady flow of potential customers.

Building:
Its well-designed layout across three floors provides flexibility and ample space for various retail configurations. The combined gross lettable area of the unit is ± 480,66 m². Ground floor ± 172,8 m²; First floor ± 172,8 m²; Second floor ± 135,04 m². With two entrances and one fire exit providing flexible and easy access, the property offers a versatile layout across three floors with a combined gross lettable area of ± 480 m². The building is equipped with 3-phase electricity, which is ideal for retail usage.

The ground floor is currently tenanted on a month to month basis

Commercial Type:
Retail Space
Web Reference:
AUCT-002383
Final price:
POA
Address:
429 Peter Mokaba Ridge (Ridge Road), Overport, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
21 November 2024 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

Bidding opens in


Auction Date: 21 November 2024 11:00:00am


David Hudson
                                                         In2assets Representative

Property Agent


David Hudson
Show number
dhudson@in2assets.com


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