Exciting Opportunity!
Offers Invited - Investment Property In Newcastle, KZN

Potential For Service Station & Commercials Shops

AUCTION HAS ENDED - OFFERS ARE INVITED

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AUCTION ENDED! Offers are invited for a strategic investment opportunity in Newcastle with potential for a service station and other commercial outlets.

Duly instructed by Nedbank Limited by virtue of Power of Attorney

PROPERTY OVERVIEW

Portion 1 of Erf 8780 Newcastle Ext 37, Registration Division HS, Province of KwaZulu-Natal in the extent of 20,496sqm held under Title Deed Number: T13894/2019 and known as 52 Aquamarine Drive, Newcastle

Welcome to a property where vision meets opportunity. Nestled on the north-eastern fringe of Newcastle, 52 Aquamarine Drive offers investors, developers, and national retail tenants a significant business-zoned holding set within a well-established suburban area.

With high visibility and accessibility, this site is primed to become a retail and service destination for Newcastle’s growing community. Investors and developers can capitalise on the groundwork already laid and bring to life a dynamic commercial precinct that meets modern consumer needs.

The following information is furnished, but not guaranteed:

Previously operated as a wedding and conference venue featuring a reception area, main hall and building, entertainment area, kitchen, pub/bar, ablutions, 2nd hall, an enclosed lapa, several open sided lapas, workshop, storeroom and office and carports - Other structures, including a large bar and workshop, have been demolished for development.

The proposed development includes:

  • Phase 1: a Fuel Station; a branded convenience shop & a possible fast food franchise outlet (KFC, Burger king etc.)
  • Phase 2: Residential Shopping Centre

For more info contact Danielle  033-397-1190 / +27 82 801 6827  or email reception@maskell.co.za

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PMA Banking Details

Payment for our buyer's card requirement can be made into the following bank account.

  • Buyers card deposit: R50,000.00
  • Pay by EFT ONLY!
  • FICA to be provided
  • SALE is subject to confirmation
  • Bidding subject to Automatic staggered ending times

PETER MASKELL AUCTIONS CC NEDBANK                      

Account number : 1343096103
Branch : 198765
Reference : your name #FARMDWELLERS

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