Commercial for sale in Congella 13536746

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Commercial, Congella, DURBAN | Ref: 13536746 - (AUCT-000543 )

Extent: ± 960 m² | GBA: ± 2 902 m² | Potential Annual Gross Income: ± R 1.5 Million | Almost fully let

This prominent positioned property in Sydney Road Durban, has every appeal for an Investor and even end-user. The retail section which is on street level on Sydney Road offers big show rooms and has customer parking in front of the building. The building offers four floors which includes a basement which is accessible from Badger Lane on the rare side of the property.

Congella Industrial is bound by the residential node of Glenwood and Maydon Wharf, which is part of the Durban Harbour and east of the subject unit. The suburb is bisected by the M4 Southern Freeway and the subject scheme is set west of the M4 Highway. It is predominantly made up of large warehousing and distribution facilities. The local vicinity offers limited modern amenities but the surrounding residential suburbs provide shopping facilities, schools and parks. Public facilities and transport are provided on South Coast Road, which runs parallel to the M4. The area is fully serviced with tarred roads, sewerage, refuse removal and Telkom networks.

Durban is the largest city in the South African province of KwaZulu-Natal. Durban's metropolitan municipality ranks third among the most populous urban areas in South Africa after Johannesburg and Cape Town. It is also the second most important manufacturing hub in South Africa after Johannesburg. It forms part of the eThekwini Metropolitan Municipality. Durban is famous for being the busiest port in South Africa. It is also seen as one of the major centres of tourism because of the city's warm subtropical climate and extensive beaches. It is the largest city in KwaZulu-Natal which is the 2nd most populous province in South Africa. It has the highest number of dollar millionaires added per year of any South African city. Durban was officially recognised as one of the New7Wonders Cities together with Vigan, Doha, La Paz, Havana, Beirut, and Kuala Lumpur.

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Rainer Stenzhorn

Commercial for sale in Congella, Rainer Stenzhorn
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