FEATURED
Web Ref CL1692
Prime Commercial Property with Re-development Potential on auction
AUCTION to be held on Tuesday, 18 March @ 11h00 at the Mount Edgecombe Country Club, Gate 2, 1 Golf Course Drive, Mount Edgecombe - Option to bid online.
PRIME COMMERCIAL PROPERTY WITH RE-DEVELOPMENT POTENTIAL
This multi-tenanted commercial property offers consistent rental income while presenting an exceptional opportunity for re-development. Located in a high-visibility area with good exposure, the property holds tremendous potential for a wide range of development projects.
Key Features:
● Highly Visible Location: Positioned in a high-traffic area, ideal for warehousing, manufacturing, workshops, or mixed-use development with ample street frontage.
● Multi-Tenanted: Currently leased to multiple tenants, providing a stable cash flow and a solid foundation for future redevelopment.
● Gross Lettable Area: Approx. 3,421 square meters of flexible space, perfect for adapting to various commercial or industrial uses.
● Land Extent: Approx. 6,664 square meters of prime land, offering ample room for expansion or complete redevelopment.
● Transport Accessibility: Convenient access to major transport networks, ensuring excellent connectivity for both tenants and visitors.
● Vacant Silos: The existing vacant silos present a unique opportunity to either bring them back into operational use or to transform them into
commercial assets, residential units, or even a student village, capitalizing on the growing demand for flexible living spaces.
● Electricity Supply: There is a 500KVA transformer feeding a 250amp circuit breaker, as well as a further 500kva and a 1000kva transformer that is currently not in use.
This property is an ideal investment for developers seeking to unlock the full potential of a well-positioned, multi-tenanted building with great redevelopment potential.
Don’t miss the chance to turn this prime site into a sought-after commercial asset.
Viewing: BY APPOINTMENT - Call the agent or our office for more information.
To participate in this physical / online auction each bidder has to follow the registration procedures, there is a R50 000 registration fee that will need to be paid.
PRIME COMMERCIAL PROPERTY WITH RE-DEVELOPMENT POTENTIAL
This multi-tenanted commercial property offers consistent rental income while presenting an exceptional opportunity for re-development. Located in a high-visibility area with good exposure, the property holds tremendous potential for a wide range of development projects.
Key Features:
● Highly Visible Location: Positioned in a high-traffic area, ideal for warehousing, manufacturing, workshops, or mixed-use development with ample street frontage.
● Multi-Tenanted: Currently leased to multiple tenants, providing a stable cash flow and a solid foundation for future redevelopment.
● Gross Lettable Area: Approx. 3,421 square meters of flexible space, perfect for adapting to various commercial or industrial uses.
● Land Extent: Approx. 6,664 square meters of prime land, offering ample room for expansion or complete redevelopment.
● Transport Accessibility: Convenient access to major transport networks, ensuring excellent connectivity for both tenants and visitors.
● Vacant Silos: The existing vacant silos present a unique opportunity to either bring them back into operational use or to transform them into
commercial assets, residential units, or even a student village, capitalizing on the growing demand for flexible living spaces.
● Electricity Supply: There is a 500KVA transformer feeding a 250amp circuit breaker, as well as a further 500kva and a 1000kva transformer that is currently not in use.
This property is an ideal investment for developers seeking to unlock the full potential of a well-positioned, multi-tenanted building with great redevelopment potential.
Don’t miss the chance to turn this prime site into a sought-after commercial asset.
Viewing: BY APPOINTMENT - Call the agent or our office for more information.
To participate in this physical / online auction each bidder has to follow the registration procedures, there is a R50 000 registration fee that will need to be paid.
Features
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Power (3 Phase)
Yes
Exterior
Security
Yes
Sizes
Floor Size
3,421m²
Land Size
6,667m²
Extras
Silos; Backup Battery/Inverter
STREET MAP
STREET VIEW
Dan Taylor
Principal Property Practitioner Registered with PPRA(FFC 0468304) Show number View my listings WhatsApp