In2Assets will at its next major multi-property auction in Durban offer a rare large-scale and versatile development opportunity in the sought-after area bordering Mount Edgecombe and Cornubia. The auction will take place on March 17 at 11am at the Durban Country Club.
Erf 351 Mount Edgecombe, a site of about 27 hectares, is flanked by the M41, Chris Hani Road and Phoenix Highway and has high visibility to passing traffic, says Luke Hearn, who is handling the auction for In2Assets.
“The property is adjacent to the new Cornubia industrial Zone - a perfect extension to Mount Edgecombe Industrial. Its prime positioning allows for easy accessibility between Cornubia, Mount Edgecombe, Phoenix Industrial and Umhlanga, all to be linked via a new road to the development corridor of Dube TradePort. Furthermore, the property is also close to King Shaka International Airport,” Hearn adds.
“The position of the site offers flexible options. It is next to residential nodes, such as Phoenix, which means it could well be suited to a large residential development but then the proximity to both Cornubia and Mount Edgecombe Industrial provides a reason to focus on a new commercial/industrial development,” says Hearn.
For more details, phone him at 071 351 8138 or email [email protected] or visit www.in2assets.com.