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Retail Center in Bridge City for sale by Silent Tender

Ref # 2335247
POA
Property Details
4,751m²
5,291m²

This mixed-use development, located on Nogwaja Street, is strategically positioned amidst prominent residential estates such as The Bridge, in close proximity to key amenities including the Dr. Pixley Ka Isaka Seme Hospital, Ntuzuma Magistrate Court, and the Bridge City Shopping Centre.

The property has a mixed-use zoning and currently houses multiple retail and services stores on the ground and first floor, offices on the first floor and self storage on the second floor, The first and second floor were initially designed for residential use and could easily be re-developed back into apartments. These apartments could be serviced by the basement parking of 32 bays . The location lends itself to medical offices (600 meters from the hospital) and attorney’s offices (650 meters from the court).

Overall, the building offers ample parking , a flexible design layout, solar power system, lift access to all floors.

Located 17km from the Durban city centre, Bridge City integrates the communities of Phoenix, Inanda, Ntuzuma and KwaMashu, linking them into the urban system and covers a total area of 60 hectares with the total floor area of the development being 725 000m2 of bulk.

A catalyst for economic growth and the empowerment of surrounding communities, the new town of Bridge City serves as the social and commercial centre to an area housing a population of over 800 000 people, who now have greater access to work, travel, shopping and business opportunities.

Bridge City is a joint venture between Tongaat Hulett Developments (THD) and the eThekwini Municipality (eTM). The Bridge City Management Associations is fundamentally set up to protect and advance the interests of property owners within the area. This is achieved through the protection, promotion and maintenance of essential services, amenities and activities as well as the co-ordination of development in that area, which is funded through an Associations levy

Accessibility:

A key component of Bridge City is the development of new and upgraded infrastructure, providing access to transport and services to communities in which these were previously lacking. Key transport/road infrastructure projects include:

Road upgrades

Bhejane Road Extension to link MR93/M25 into KwaMashu (completed)

MR93/M25 Interchange

New rail line & station

Taxi/bus/car inter-modal facility

Transport Node capacity: potentially 100 000 + commuters per day with 40 000 passengers per peak periods in am and pm (3 hours each)

Property Features
Property Type
Mixed Use
Covered Parking
32
Open Parking
36
Floor Size
4,751m²
Land Size
5,291m²
Additional Information
Grade
AAA
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