AUCT-001106 | SOLD

± 499 m² Office space Located In Westville

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    2019-11-20 11:00:00
    ± 499 m² Office space Located In Westville

    Office space, 2 Dover Road, Westville, KwaZulu-Natal

    GLA: ± 499 m² | 2 Separate offices | ± 281 m² Tenanted | Blue Chip tenant - Bayer Pharmaceuticals | Current Gross Annual Income: ± R 497K | ± 16 Parking bays | Easy access to M10 (King Cetshwayo) Highway | Opposite Westville Mall & Junction Shopping Centre

    Westville, KwaZulu Natal


    This prime property is well positioned in the heart of the Westville township. Westville is only a 15-minute drive from Durban and approximately 30-minute drive from the King Shaka International Airport. The property is located in the suburb of Dawncliffe, slightly South of the M10 known as the King Cetshwayo Highway.

    The property comprises of 2 separate offices with a total GLA of ± 499 m² . The 2 offices measure 218 and 281 m2. The office of 281 m² . Is currently leased by Bayer (Pty) Ltd at a gross annual rental of R 797 964.00 (excl Vat). The office of 218 m² is currently vacant which would allow an investor to potentially increase his return. Alternatively it could be used by an end user. The property also allows for ample onsite parking for ± 16 vehicles

    Access to the property is directly off Dover Road which links to Kensington Drive. Access to the M10 from Kensington Drive is via Westiville Road. The M10 Provides easy access to major freeways such as the N3 and the M19.

    The immediate area contains all necessary modern amenities, with three shopping malls namely the Village Market, Westville Mall and the Westville Centre within a two-kilometer radius. The Pavilion Shopping Centre, Westville Hospital and the Westville Country Club are also located within close proximity.

    Westville is ideally located to allow you easy access to the main highways leading to the city as well as the north and south coast. It is a short and easy drive to Durban’s Golden Mile and the very popular promenade.

    To participate in this physical auction each bidder has to follow the registration procedures.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-001106
    List price:
    Price undisclosed
    Address:
    2 Dover Road, Westville, KwaZulu Natal
    Auction Venue:
    The Durban Country Club
    Isaiah Ntshangase Road
    Durban
    KwaZulu Natal
    Auction Date:
    20 November 2019 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R 50,000.00 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required

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    Luke Hearn

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