In2Assets will auction two double-storey commercial office buildings in Durban North on on October 24 at 11am at the Durban Country Club. The property at 63 St Andrew’s Drive is in the Broadway precinct, accessed from St Andrews Drive.
Luke Hearn, who is handling the auction for In2Assets, says the ground floor of the front building comprises reception, kitchenette, ablutions, open-plan office area and two private offices.
The first floor is occupied by a firm of attorneys and has a front reception; bar and lounge area; three large individual offices; small office; boardroom; kitchenette and ablutions.
The rear building features three offices, kitchenette and ablutions.
The two buildings - to be sold as one lot - have a gross lettable area of 581m² and are well secured.
“Many surrounding residential properties have been redeveloped into office accommodation. This commercial node is well-established and sought-after because it caters predominantly for the middle to upper- income sectors. Businesses range from shops to banks, restaurants, doctors’ rooms and office blocks,” says Hearn.
“St Andrews Drive is off Swapo (Broadway) Road, which offers direct access to the M4 to the east and Umhlanga Rocks Drive to the west.
“The property on auction is about 350 metres from the Kensington Square Shopping Centre and has excellent exposure. There are also many top schools in the area.”
For more details, phone him at 071 351 8138 or 031 574 7600 or email [email protected].