AUCT-002563 | SOLD

Investment Disposal of 17 Residential Flats

Until Our Next Auction
22 July 2025 | 11:00:00 am

  • How we Work
    2025-07-22 11:00:00
    Investment Disposal of 17 Residential Flats

    Sections 6, 7, 17, 21, 28, 34, 35, 39, 40, 42, 44, 50, 62, 64, 66, 69 & 74 SS Palm Bay, 46 Joseph Nduli Street, Durban CBD

    Sizes range from ± 24 m² to ± 90 m² | 17 Flats | Well established block of flats | Units to be sold as a combined lot

    Durban, KwaZulu-Natal


    Residential Durban CBD Apartments in secure Complex
    This rental pool of 17 apartments in the well-maintained Palm Bay building at 46 Joseph Nduli Street, Durban Central are for sale by public auction.

    Property Features:
    Established, well-maintained 76 unit complex with long-term tenants (many over 10 years)
    24-hour security including fingerprint access.
    Central location with easy access to major transport routes, public transit, schools, shops, and restaurants
    Walking distance to Durban’s Golden Mile beachfront and popular swimming spots

    Proximity to amenities:
    Close to Victoria Street Market, bayside eateries, and tourist attractions like uShaka Marine World.

    Portfolio Overview:
    17 x 1, 2 and 3 bedroom sectional-title units.
    Options to purchase individually or as a complete portfolio.
    Ideal for institutional investors, developers, or first-home buyers
    Residential Type:
    Flat
    Web Reference:
    AUCT-002563
    Final price:
    POA
    Address:
    Sections 6, 7, 17, 21, 28, 34, 35, 39, 40, 42, 44, 50, 62, 64, 66, 69 & 74 SS Palm Bay, 46 Joseph Nduli Street, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    22 July 2025 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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    Property Agent
    Gareth Vermaak
                                        In2assets Representative

    Gareth Vermaak

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