Two free-standing, double-storey properties on the busy main road in Warner Beach are among the lots for Aucor Property’s multi-property auction on September 26 at 11am at the Durban Country Club. A block of six apartments at Windermere has now been added for this sale.
The improvements to the 943m² Warner Beach property, Charwell Building, at 149 Kingsway, consist of street-facing commercial premises and a double-storey residence at the back. The Zanzibar Restaurant and Pub is the main tenant of the commercial part of the property. It has ground-level indoor and outdoor dining areas and a bar, kitchen, cold room, while upstairs there is a pub and a balcony with sweeping views of the Indian Ocean.
The four-bedroom home behind the restaurant has a sunroom and deck overlooking the sea, as well as a double garage with automatic doors. In the basement, there is a single-bedroom unit with an office and workshop.
The two properties will be sold as one lot.
Warner Beach, about 30km south of Durban, is a popular South Coast destination for Gautengers. Rona Pillay, who is handling the auction, says demand for properties on the South Coast has been rising among investors seeking more affordable assets than those currently on offer on the North Coast.
“Amanzimtoti, which is the ‘capital’ of the South Coast, has been high on these investors’ lists, so we are expecting strong demand for this exceptional - and high-profile - Warner Beach property which is virtually on the doorstep of ‘Toti’,” says Pillay. “For prospective business owners, the property offers the opportunity to run an established restaurant from your home at the rear.”
Among the other properties lined up for Aucor Property’s multi-property sale on Thursday are:
* Commercial property in Windermere.
* Six sectional title flats in SS Pendennis in Windermere.
* Two sectional title flats in SS Mangrove Beach Centre at 91 Somtseu Road, Durban.
* Three-bedroom double-storey home in Ballito.
* Mixed use warehouse/retail premises at Congella.
* Vacant land in Malvern.
* Panhandle vacant land in Hillary.
For more details and to arrange viewing of the properties, contact Rona Pillay at 082 304 5636 or 031 512 5150 or email [email protected].