The Property is well located in the centre of Ladysmith, directly opposite the Oval Shopping Centre. The property fronts directly on to Alexander Street which joins the N11 linking Ladysmith to Newcastle and Bergville. The key competitive advantages for the town indicate an excellent potential for economic growth, and include an abundance of water, reasonably priced industrial land, a strategic locality, a broad skills base and committed stakeholders.

The property comprises of a 3 storey building consisting of six retail shops on the ground floor and two floors of apartments above. As per the managing agent the first floor has 9 x 1 bedroom flats and 1 x 2-bedroom flat with the second floor being made up of 8 x 2-bedroom flats. At the rear of the property is one stand alone unit which is made up of a configuration of rooms. The main building has a gross building area of ± 2031 m2.

The ground floor comprises of six retails shops with two fronting directly on to Alexander Street. The remaining four retail shops are accessed via a wide passage way from the street to the rear of the building. The apartments above the ground level area accessible via the same passage way. The one bedroom flats are made up of 1 bedroom, kitchen and general bathroom with shower, toilet and washbasin. The 2 bedroom flats consist of an open plan kitchen and lounge with 2 bedrooms and general bathroom with shower toilet and wash basin.

At the rear of the building is a large parking area and a stand alone unit that is currently tenanted as residential rental. The locality is very convenient to the tenants as the building is within walking distance to the town centre, nearby schools and transport facilities.

Ladysmith is located in the Uthukela District of Kwazulu Natal. It is 230 kilometres north west of Durban and 365 kilometres south of Johannesburg. A thriving, friendly town on the banks of the Klip River, Ladysmith is the commercial centre for a large farming district and serves as a major shopping centre for towns such as Colenso, Glencoe, Bergville and Dundee. The N11 Links Ladysmith to Bergville and Newcastle, while the R103 provides access to Colenso and the N3.