AUCT-001759 | On Auction

Commercial Block within Ballito Business Park

Until Our Next Auction
22 September 2022 | 11:00:00 am

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    2022-09-22 11:00:00
    Commercial Block within Ballito Business Park

    Commercial Block within Ballito Business Park. Corner of Moffat Drive & Stewart Drive, Ballito Business Park, Ballito

    Site Extent: ± 1 800 m² | Gross Building Area: ± 3 500 m² | 5 Storey Building | 60 Parking Bays | 61 Drywall Partitioned offices | Potential for conversion to showroom,/shops with offices | Sold vacant occupation

    Dolphin Coast, KwaZulu-Natal


    The Ballito Business Park enjoys the biggest percentage of growth in the commercial sector in KZN and has therefore a definite investment appeal. Commercial development in and around Ballito has grown rapidly to meet the needs of the massive residential growth, one of the biggest in the country.

    The design approach on this commercial property is unique on a recognizable site within the Ballito Business Park. The property has visibility from the N2 Freeway and as such would be perfect for branding exposure. It also has the potential to be used for showroom purposes such as a car showroom, restaurant, retail and even as a medical centre/hospital which are some of the permitted uses allowed on the property.
    This neat, well maintained and upmarket property known as The Workspace, Ballito comprises a 5-storey commercial block consisting of a basement level, ground floor, first, second and third floor (roof top).

    The property is serviced by a lift, ducted air-conditioning and is paraplegic friendly. It is a fully secure property, with automated gate access, automated boom gates, biometric access system, CCTV cameras and electric fencing. There is a discreet security guard’s room facing the entrance of the property.

    The basement comprises of 36 parking bays, 12 store rooms and a lock up garage. The ground floor comprises of 24 open parking bays with a high-powered generator positioned at one corner. In total there are 60 parking bays on site.

    The ground floor comprises of the reception area and a huge open plan area that is currently divided by drywalling to form individual offices or meeting rooms. There is a kitchen with granite tops and built-in cupboards as well as male, female and paraplegic ablution facilities on this floor.

    The concept of The Workspace is very unique which enables local and out of town business individuals, students and other professionals to work individually or together in an environment out of the day-to-day office. Clients rent individual desk stations or even meeting and board rooms at an hourly, daily, weekly or monthly term and enjoy facilities such as unlimited WIFI, use of the kitchen and appliances all within a safe, peaceful and pleasant environment. Long term tenants on a 3-month, 6-month or 12-month term rent out the upper floors and enjoy the use of the basement parking. Rent is charged to the tenants for the space they occupy per head, the parking bays and for the store rooms they utilize.

    The first and second floors are similar in layout and consists of 61 offices in total which are inclusive of board rooms and meeting rooms all partitioned with drywalling. Offices range from 11 m² up to 43 m². Both floors have communal kitchens as well as male, female, paraplegic ablution facilities and store rooms.

    The property also features a partly covered roof-top braai area with views of the N2 Freeway and surrounding businesses.

    The property is situated within the Ballito Business Park, a popular and quickly developing commercial node set between the N2 National Freeway and the M4 Metropolitan Road on the Dolphin Coast of KwaZulu-Natal. It is located west of the Lifestyle Centre Shopping Mall. Ballito is situated adjacent and north east of Zimbali, an upmarket coastal estate and south of Shaka’s Rock. Ballito is a well located rapidly expanding commercial district within the greater Dolphin Coast. The property is positioned on a level site which is slightly above street level.

    The node comprises an interesting mix of property uses which include office; retail; small scale industry and showroom accommodation. The majority of the park is developed. This is developing node of Ballito which has seen rapid growth and investment over the past few of years. The surrounding sites comprise newly constructed retail and mini factory developments; whilst opposite the property is the Hampshire Hotel. The property enjoys good exposure. The coastline is presently experiencing an increase in permanent and temporary resident populations. There are numerous developments currently under construction. Newly finished developments have been well received into the market place. Popular and well-known businesses and organizations that are within walking distance from the property include, Northside Electrical, Marshalls World of Sports, Home of Tiles, Regal Inn Hotel and Hyundai.

    Ballito Business Park is accessed directly from the M4 or from Ballito Drive which links to the N2 National Freeway. The local vicinity offers all necessary modern-day amenities and public facilities. There are four shopping centres within walking distance, namely; The Ballito Junction; Lifestyle Centre, The Well and the Ballito Bay Mall. The new King Shaka International Airport is only a 15-minute drive south.

    Viewing: Monday, 12 September 2022 from 1pm to 3pm
    Commercial Type:
    Office Space
    Web Reference:
    AUCT-001759
    List price:
    POA
    Address:
    Corner of Moffat Drive & Stewart Drive, Dolphin Coast, iLembe DC, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club
    Mount Edgecombe
    Durban
    KwaZulu Natal
    Auction Date:
    22 September 2022 11:00 am



    Auctioneer:
    Auction Terms and Conditions:
    R50 000 Refundable registration deposit by way of EFT | FICA Documents are required

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    Virend Deonarain
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    Virend Deonarain

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