1 976 m² Retail Space in Prospecton Industrial

MIXED USE COMMERCIAL PROPERTY ON AUCTION ON 29 JANUARY 2025 AT 11:00AM AT THE OYSTER BOX, 2 LIGHTHOUSE ROAD, UMHLANGA

The property comprises of 3 retail shops/offices that front Prospecton Road (2 of which are double volume) a warehouse accessed off Prospecton Place and a configuration of open plan and individual offices on the first floor. The first shop/office is accessed via pedestrian doors from the car park and comprises of an open plan area with a mezzanine level. This mezzanine level consists of an ablution facility, kitchenette and an office. The second shop/office is also accessed directly from the car park and comprises of an open plan area on the ground floor with 4 drywall partitioned offices and a mezzanine level with drywall offices. The third largest shop/office was once occupied by a bank and comprises a large open plan area with male and female ablution facilities and a kitchen. Mezzanine levels are on the plans. There are 4 offices and a showroom with high glass windows that are positioned on the first floor. The first floor obtains access from 2 stairways which a located on the ground floor on either side of the building. Majority of the offices are drywall partitioned. All of these showrooms/offices share the common ablution facilities located on the ground floor. It should be noted that all movable items and the cameras within the tenanted premises belong to the tenant and do not form part of the sale of the property. A double volume warehouse facility is positioned at the rear of the property. This warehouse (approximately 200 m) is accessed from the driveway off Prospecton Place via a roller shutter door and from a pedestrian door and has an office on the upper floor and reception area with ablution facilities on the lower floor. The warehouse has hardened concrete floors, insulated ceilings and a height of 7.9m to the apex and 6m to the eaves. The property is strategically situated in a traditional well-established industrial area that is monopolised by the Toyota Manufacturing Plant, located to the south of Durban, adjacent to the old Durban Airport site. The property is positioned approximately 150m away from the N2 Freeway and at the corner of Prospecton Road and Joyner Road. The Isipingo Home Affairs Department and the Prospecton Fire Department are positioned at the rear of the property and a convenient shopping centre with a KFC food outlet is positioned adjacent to the property. The property is also positioned across the Prospecton Standard Bank branch and close to the Prospecton TOTAL service station and as such, the property is exposed to high levels of passing trade and vehicular traffic.