🏠 MULTI PROPERTY AUCTION ❗️ 🏠
THURSDAY ,25 SEPTEMBER 2025 @ 11:00 AM
VENUE: THE OYSTER BOX – 2 LIGHTHOUSE ROAD, UMHLANGA ROCKS
± 232 m² RETAIL UNIT
The subject property consists of two contiguous sectional title units, being Units 2 and 3, situated within the established and prestigious Royal Palm sectional title scheme. The Royal Palm, comprises a mixed-use development, incorporating a blend of residential apartments, commercial office suites, and retail premises.
Units 2 and 3 are positioned on the ground floor of the Royal Palm, and benefits from direct exposure and frontage onto Palm Boulevard, affording excellent visibility to pedestrian and vehicular traffic. The units comprise a total ground floor area of approximately 220 m², supplemented by a mezzanine area measuring approximately 35 m².
The units comprise the following improvements:
The property features a generously sized open-plan retail area on the ground floor, complemented by internal bathroom and toilet facilities. Additionally, it includes a series of changing and dressing cubicles, which were previously used in a clothing retail context.
The mezzanine floor, formerly utilised as an additional display area, offers potential for light commercial use, making it a versatile extension of the main retail space.
Units 2 and 3 offer a unique and flexible opportunity for investors, owner-occupiers, or commercial tenants seeking a prominent location with established foot traffic and visibility.
Given the property’s location within a mixed-use development and in a high-footfall zone, there is further potential for branding exposure and customer engagement. The presence of established residential and hospitality components within the Royal Palm building itself ensures a consistent on-site consumer base.
FOR MORE INFO CONTACT IAN WYLES ON 082 490 3517
