In2assets will offer office as well as retail space in sought-after Umhlanga at its next live studio online auction on July 22 at 11am. Bidding will be invited for four offices and an Umhlanga Ridge upmarket shop, both close to the Gateway Theatre of Shopping.
The first-floor, sectional title offices to be sold are units 101, 115, 122 and 123 in Aldrovande Palace at 6 Jubilee Grove in the New Town Centre. Luke Hearn, handling the sale for In2assets, says the offices, measuring about 123m², 87m², 186m² and 78m² respectively, with one unit also having a 65m² enclosed garden, will be sold individually or as a combined lot.
Aldrovande Palace is a mixed-use development behind Gateway that stretches to the N2 freeway, near the proposed Cornubia interchange. “The New Town Centre is a bustling business environment, just 15 minutes’ drive from King Shaka International Airport, to the north, and the Durban CBD and harbour to the south.
“The area has diverse office, retail, and residential applications, with many modern and new amenities, nearby and major new developments still under construction.
“The offices are positioned between the N2 and M4 major access roads. “Aldrovande Palace has basement parking; some retail operations on the ground floor; a courtyard with a water fountain at first floor level; a communal swimming pool and ablutions on the roof and residential apartments on the other four floors,” says Hearn.
The retail offering is Shop Number 2 of Section 27 in the Grand Central sectional title complex at 4 Solstice Avenue. The shop has about 190m² of streetlevel space, with a mezzanine loft of about 80m², and two secure off-street parking bays.
“The shop, just about 50m from the Gateway shopping complex, is in a highly sought-after node, where property is extremely difficult to obtain. “It fronts onto Solstice Avenue – a link road between Twilight Drive and Millennium Boulevard – and is zoned ‘Mixed Use 1’ which allows use for any commercial business.
“It is now a tiled and carpeted upmarket, air conditioned store with burglar alarm, kitchen and two toilets.” Bidding for the multi-property auction will be available online via https:// auctions.in2assets.co.za. For more details about the sale, contact Luke Hearn at 071 351 8138 or email [email protected] or visit www.in2assets.com.