Durban North Offices SOLD ON AUCTION

Prime Commercial property in the heart of the Durban North / Broadway precinct offered for sale via auction to all discerning Investors or End users alike!

Well-positioned on 45 Adelaide Tambo Drive in Durban North, next to the Kensington Square Shopping Centre, and with great exposure to high levels of passing trade, this property is a residential conversion into a commercial office, with a zoning that allows for residential dwelling, multiple unit development and offices or medical offices.

The property falls within the Broadway precinct and enjoys the status of a neighbourhood shopping and convenience node catering to the middle to upper income residents.
The property is on a land size of 1 269 m² and is secure, fully-fenced with intercom access and automated gate, and monitored by CCTV cameras, which is specifically excluded from the sale.

The air-conditioned double-storey building offers offices and boardrooms throughout and sea views from the upper floor, as well as a kitchen and multiple ablution facilities.

There is ample space for parking at the front and rear of the property. The property provides ± 5 parking bays at the front and ± 12 parking bays in the rear yard.

In addition to the main building, there is an outbuilding that can be used as additional offices to generate further income, as well as a storage room at the rear. The property is in a neat, well-maintained condition.

It should be noted that all Movable Assets situated within the property is specifically excluded and do not form part of the sale, however the 1 x Jojo tank and alarm system is included.

According to Amafa, the property is over 60 years of age however the property has no heritage significance.