This is a huge bargain at this price and a sound investment all round.
This major redevelopment opportunity is located on the corner of Crompton Street and Breightmet Avenue, in the Central Business District of the Pinetown suburb.
Most of the surrounding buildings are commercial in nature – with schools, shopping centers and government offices in the immediate locality.
The property offers easy access to the M13 off ramp and Old Main Road. The property is within close proximity of public transport with easy access to public transport interchanges and taxi ranks.
Erf Size : 5 088 m2
Floor Area Ratio 2,5
Total Bulk available: 12 720 m2
Zoning : General Commercial
EXISTING BUILDING INFORMATION:
Total Floor Area : 9 757 m2
Unused Bulk Still Available: 2 963 m2
Total Parking (Current) : 136 bays
(Further parking levels can be created)
The property has major redevelopment potential in size and parking can be doubled.
NOTE! All existing leases contain a redevelopment clause with notice of either 3 or 6 months.
|Descriptive Property Type:||
Totally Fenced, Security Gate, Closed Circuit TV, Guard House, Guard, Boomed Area, Safe
Fibre, Fixed WiMAX
|Nearby Public Transport:||
Bus, Minibus Taxi