Offices, homes for big online sale
IN2ASSETS will on Tuesday at 11am at the Durban Country Club call for bids for an upmarket, vacant A-grade office block at 110 Umhlanga Rocks Drive, Durban North.
Virend Deonarain, handling the auction for In2assets, says the building comprises double-volume ground and first floor offices. The open-plan and executive offices provide 670m² of gross lettable area and are served by 22 parking bays of which 18 are under shade cloth.
“This hilltop property is set on a secure site with spectacular views over the upmarket suburbs of La Lucia and the bordering subtropical vegetation – the first floor has sweeping ocean views.
“We are expecting strong interest in this sale as Durban North properties are always sought after.
“Durban North is an affluent suburb with upmarket homes close to major office parks, schools and shopping centres, such as La Lucia Mall, Cornubia Shopping Mall and the Gateway Theatre of Shopping. And from Umhlanga Rocks Drive it is easy to access major roads such as the N2, M4, and M41.
“The area’s proximity to the Mount Edgecombe Country Club Estate, Crawford School, top international hotels including Sibaya Casino, private hospitals, and Umhlanga town with its many top-class restaurants and nightlife, make this area the choice of many corporate employees.
“The big drawcard for the frequent traveller is the fact that King Shaka International Airport is only 10 minutes drive away,” he adds.
For more information, contact Deonarain
at email vdeonarain@in2assets. com or at 071 383 1735 or 0861 444 769.
Also among the lots for Tuesday’s sale is an industrial warehouse with large yard and office component in Jacobs. The versatile 6 000m² industrial property comprises two interleading warehouses and a large concreted yard of over 2 400m². For more information, contact Luke Hearne at 071 351 8138 or 031 574 7600 or email lukeh@in2assets. com. – Auctions Writer
THE COUNTDOWN has started for Bidx1 South Africa’s final 2019 online property auction on Wednesday at 8am.
In KZN, the company will sell a fully-tenanted, mixed-use building with retail and office space on the corner of Kenneth Kaunda Road (formerly Northway) and Umhlanga Rocks Drive in Durban North.
With an opening bid of R27 million, this building with high exposure is in “excellent condition” and yields a gross rental per annum of just over R5m.
The gross lettable area is 2 000m² with potential to create additional space. Residentially, Bidx1 will offer:
A five-bedroomed home in La Lucia with three reception rooms and ground floor flatlet with two bedrooms.
Four-bedroom house and large retail space at Warner Beach.
Pristine 8.8ha coastal forest property, 800m from Glenmore beach.
For further information, visit https:// bidx1.com or call 021 140 3541. – Auctions Writer
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