AUCT-001903 | On Auction

Silver Oaks Boutique Hotel & Conference Venue

15-17 Silverton Road, Musgrave, eThekwini Metropolitan Municipality, KwaZulu-Natal

Silver Oaks Boutique Hotel & Conference Venue. 15-17 Silverton Road, Musgrave

Site Extent: ± 1 015 m² | 4 Star Boutique Hotel | 11 Bedrooms (Deluxe, executive & single rooms) | Superior fittings and fixtures | Conference Facilities for 50 people | Dining Area, Laundry facilities, Secure parking | Sold with all movable assets


This property presents the market with a rare opportunity in a sought after area. Recently, there has been an increased demand for residential blocks in this specific node and as such this property ticks all of the boxes when it comes to exclusivity, modern, and facilities within this property. The property comprises of 11 bedrooms, all of which are ensuite and differentiated by deluxe rooms, executive rooms and the single rooms. The accommodation is supported by a conference facility and dining area that seats 50 people comfortably. Secure on-site parking is available. Silver Oaks Boutique Hotel and Conference Venue has been graded 4 star by the TGCSA (Tourism Grading Council of South Africa).

The property is located close to the corner of Musgrave and Silverton Roads, in the heart of the Musgrave suburb within walking distance from the Musgrave Shopping Centre. The Musgrave area is one of the up market suburbs which form the greater Berea region. This node is bound by Botanic Gardens Road to the east; Sydenham Road to the north; Brickfield Road to the west and Berea Road to the south. Musgrave is approximately 4 kilometres North West of the Durban's Central Business District. The property enjoys good exposure to high volumes of passing pedestrian and vehicular traffic from Musgrave Road and Essenwood Road.

The immediate neighbourhood is predominantly made up of upmarket residential properties. This area is well known for its popular restaurants, coffee shops and offices. The surrounding properties are well kept, with some being upgraded and modernised. Neighbouring suburbs such as Essenwood; Morningside and Windermere are within close proximity of the subject property.

Access to the property is directly off Silverton Road, a two way carriageway between Essenwood Road and Musgrave Road, two major arterial roads which links up with N3 Highway.

The property is well appointed with regard to location and is in close proximity to all necessary amenities such as public transport facilities, schools; institutional centres; entertainment and shopping amenities.

Viewing: Thursday, 09th March 2023 from 14h00 to 16h00

Commercial Type:
Hospitality
Web Reference:
AUCT-001903
List price:
POA
Address:
15-17 Silverton Road, Musgrave, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
16 March 2023 11:00 am



Auctioneer:
Auction Terms and Conditions:
R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 16 March 2023 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


Contact Us!



 * I agree to the In2assets Privacy Policy
 Add me to the mailing list & WhatsApp to receive the latest property listings.