AUCT-002405 | On Auction

High Exposure Property in Vryheid CBD

Until Our Next Auction

2024-12-05 11:00:00
High Exposure Property in Vryheid CBD

LIQUIDATION PORTFOLIO DISPOSAL: High Exposure Property in Vryheid CBD. 213 Kerk Street, Vryheid

Matter: Waseela Distributors CC (In Liquidation) | Master's Reference No.: N000348/2022 | Extent: ± 732 m² | Zoned: Commercial | Frontline retail property | Zoned Business 1

Vryheid, KwaZulu-Natal


In2assets presents this rare opportunity to acquire a high-street retail investment property within the bustling CBD of Vryheid

Location
The property is situated in the central business district (CBD) of Vryheid, a well-established town in Northern KwaZulu-Natal. It benefits from road frontage along Kerk Street, which experiences high volumes of both pedestrian and vehicular traffic.

The location offers convenient access to various amenities, all within approximately 600 meters of the site.

Access
Vehicle access is provided via a servitude driveway from Landdrost Street, leading to the rear of the building. Due to limited parking space, this area is primarily suitable for deliveries and servicing the shop units located at the back of the property.

The Vryheid CBD enjoys easy access to the R69 and R34 Main Arterial Roads which provide access into and out of Vryheid

Improvements
The property is improved with a single-storey commercial retail building with partial pitched and partial slabbed roof. The property offers a large retail outlet finished with tile flooring and aluminum and glass shop fronts. The shop is serviced with ablution facilities.
Commercial Type:
Retail Space
Web Reference:
AUCT-002405
List price:
POA
Address:
213 Kerk Street, Vryheid, Zululand District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
05 December 2024 11:00 am



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

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Property Agent
Muhammad Ali
                                        In2assets Representative

Muhammad Ali

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alim@in2assets.com

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