AUCT-002680 | On Auction

Blue Chip Investment Property

Until Our Next Auction
25 March 2026 | 11:00:00 am

  • How we Work
    2026-03-25 11:00:00
    Blue Chip Investment Property

    17 The Boulevard, Westway Office Park, Dawncliffe, Westville

    Extent: ± 3 415 m² | GLA: ± 2 319 m² | Largely occupied by a leading multinational technology corporation | ± 78 Parking bays | Gross Annual Income (incl recoveries): ± R4.6 Million

    Westville, KwaZulu-Natal


    An exceptional investment opportunity to acquire a premium double-storey office building situated within the secure and well-established Westway Office Park. The property will be offered for sale by public auction on 25 March 2026 and presents a rare combination of quality accommodation and secure rental income.

    Secure Locality
    The property is strategically located at 17 The Boulevard, Westway Office Park, Dawncliffe, Westville, one of the area’s most sought-after commercial nodes. Westway Office Park enjoys excellent accessibility to the M13, N3 and surrounding suburbs, while offering a secure, professionally managed environment favoured by corporate and blue-chip tenants.

    High End Improvements
    The property comprises a modern double-storey office building with basement level parking. The entire ground floor is fully tenanted by a blue-chip tenant, occupying predominantly open-plan office accommodation together with three meeting rooms, a boardroom, two kitchenettes and a staff canteen with kitchen facilities. The ground floor is serviced by communal male and female ablution facilities.

    The first floor has been configured into five separate sectional office units, of which three are currently occupied and two are vacant, allowing for future leasing upside. These units are well finished and offer a mix of open-plan and cellular offices created with drywall partitioning. All units are serviced by a ducted air-conditioning system and share communal ablution facilities on the same level.

    Income Potential
    The property benefits from immediate and secure rental income, underpinned by a long-term lease to a blue-chip tenant on the ground floor, with the lease expiring in 2028. The partially tenanted first floor provides additional income with the opportunity to enhance returns through leasing of the vacant units.

    Surrounding Environment
    Westway Office Park is a secure, landscaped business precinct surrounded by established commercial developments, retail amenities and residential suburbs. The area continues to experience strong demand for quality office accommodation due to its accessibility, security and professional environment.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002680
    List price:
    POA
    Address:
    Westway Office Park, 17 The Boulevard, Westville, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    25 March 2026 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required DISCLAIMER: Website listings are for information purposes only and remain subject to change, amendment, correction or withdrawal at any time prior to the auction. As further information becomes available, revised listings will be published from time to time. It may not be possible to identify, track or specifically draw attention to every amendment or revision. The final brochure and Conditions of Sale, as issued to each registered bidder via email and/or WhatsApp prior to or on the day of the auction, shall constitute the final, governing and binding documentation applicable to the auction and the sale of the property. It is each Purchaser’s sole onus and responsibility to ensure that he has received, read, understood and agreed to the final brochure and Conditions of Sale and to bid and purchase strictly in accordance therewith. Registration for the auction shall constitute deemed acceptance of the final documentation as issued.

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    Property Agent
    Muhammad Ali
                                        In2assets Representative

    Muhammad Ali

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    alim@in2assets.com

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