CORNER OF GALE ST & DALTON RD AND CORNER OF DALTON RD & BANSHEE LANE

  • Photos
  • Location
  • YouTube
  • Auction Info
  • Contact
  • Documents
  • Image Gallery

ON-LINE “ZOOM” & LIVE AUCTION

THURSDAY, 19 NOVEMBER 2020 @ 11:00 AM

VENUE: THE DURBAN COUNTRY CLUB – 101 ISAIAH NTSHANGASE RD

 

COMMERCIAL INVESTMENT PROPERTY

CORNER OF GALE ST & DALTON RD AND CORNER OF DALTON RD & BANSHEE LANE

The subject Property is located within the Business Node of Congella, Durban with direct access to the R102 and M4 freeway.

The property is in Gale Street, Congella, consists of Flats, Retail and Commercial Space, is in a prominent corner position, and is in a good condition, overall.

There are seven retail and commercial tenants. Two retail spaces are currently vacant, however, are being actively advertised.
The tenants in occupation include a bottle store/tavern, a roti manufacturer, a laundry and a corner tearoom/takeaway. All current tenants have been at the property in excess of 7 years. The Laundry has been on the property for more than 55 years!

The flats, of which there are six, are above the retail space. One flat is currently vacant, although used by the caretaker. All flats are on a month to month.

A full rent schedule and income statement are available on request.

Extent: 865 m²

Monthly Rates: ± R 6 251.84 (Estimated)

 

Click here for a link to all properties listed in this auction

Auction Number :

CORNER OF GALE ST & DALTON RD AND CORNER OF DALTON RD & BANSHEE LANE

Auction Type :

Online - Live Auction (Zoom)

Copyright 2020 © All rights Reserved. Brought to life by GavinVDH

Subscribe to Auction Updates

Subscribe

* indicates required
Email Alerts By Category: (select one or more)

Leave us a message

We will contact you back

Register for Auction