Massive Durban Road site on auction block
An investment block with massive potential in the heart of the Bellville business zone will soon be put to auction. This landmark site situated at 170 Durban Road offers an erf extent of 2840m2 with a general business B3 zoning which affords massive bulk for development and indications are that further allowances for even greater bulk may be allowed.
The site is bordered by three roads and located at a major intersection and currently with a national tenant in place. According to Rod Harris, of the ClareMart Auction Group, the property offers great investment opportunities as well as potential to develop; “Bellville is the commercial capital of the Northern Suburbs and this property is located in a prime location with day-long exposure to passing trade. It also offers superb visibility and great signage potential” adds Perling.
Those interested may view the property at their leisure. This landmark site will be auctioned at the next multiple commercial auction taking place on Wednesday 24 February at 12:30pm in the Garden Room at the Mount Nelson Hotel. For more information contact the ClareMart Auction Group at 021 425 8822.
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