Extent: ± 4 047 m² | Transmission Exchange building | Zoning: Commercial | Central location | The purchaser acknowledges that the portion in red represents a usufruct that is to be registered in favour of Telkom for the exchange site measuring 265 m²
Re-Development opportunity in Established Area
This property forms part of the 5th of December 2024 Telkom property portfolio auction sale and offers great potential for redevelopment
Property Highlights
The property is enclosed and accessible via a gate. It features a telecommunications tower on-site and will be sold with a right-of-way servitude for the tower. Additionally, there are multiple structures located on the property.
Property Location
5 Main Street, located in the heart of Nongoma’s Central Business District (CBD), offers a strategic position that is both accessible and vital to the local economy.
Known for its rich Zulu culture, Nongoma serves as a commercial hub for the surrounding rural areas in KwaZulu-Natal. The property benefits from high foot and vehicle traffic, making it ideal for retail and service businesses. It is surrounded by key amenities, including the Nongoma Shopping Centre, Zululand District Municipality, and the Nongoma Taxi Rank. With its cultural significance and ongoing development initiatives, investing in property on Main Street presents promising opportunities for business growth and community engagement.
Disclaimer
Please note that when this was published, there was very limited information on the property available. We will update the latest information as soon as we have gathered more details
