On May 23 at 11am, Aucor Property will auction vacant commercial land in the town regarded by many as the inland gateway to the KZN North Coast, Verulam.
The 3000m² property is at 9 Wicks Street, above this busy road and close to the Verulam CBD.
Rona Pillay, who is handling the auction at the Durban Country Club, says there is high vehicular traffic around the land and easy access to the freeway. The property is also close to the Pick * Pay Shopping Centre.
“The land is zoned ‘general commercial’, so the new owner has a wide choice of future developments. An apartment block with retail on the ground floor, creche, offices, fuelling and service station or a motor display area are among the many possibilities. The building height restriction is eight storeys.
“Property values are escalating in areas around the Dube TradePort at King Shaka International Airport, and as Verulam is in such a strategic position to this important air export facility, now is the time to invest in the town.”
Located 27km north of Durban, Verulam is only 9km from King Shaka International Airport and 13km from the KZN business and financial metro of Umhlanga, with its popular beaches and tourist attractions.
The town has been growing steadily in recent years and now has several industrial developments, shopping centres, mosques, temples and churches.
The large farming area around Verulam feeds the town’s market, which has over many years attained importance with buyers travelling long distances to obtain good quality fresh produce.
A feature that has made the town popular within the Hindu community is the Shri Gopal Lal Hindu Temple, which was opened in 1913 by the legendary social activist Mahatma Gandhi. Verulam’s central recreational area, Gandhi Park, is named after the Indian humanitarian.
“Verulam also has several respected primary and secondary schools, including Lotusville Primary, Verulam Primary, Dawncrest Primary, Verulam Secondary, Mountview Secondary, Temple Valley Secondary, Verulam Independent School, Trenance Park Secondary and Glenhaven Secondary School,” says Pillay.
For more information about the auction of the vacant land, contact her at 082 304 5636 or 031 512 5150 or email [email protected].