Prime Durban CBD Property For Sale

The property consists of a double storey building with an approximate gross lettable area of ± 1 510 m²which is made up of a workshop, warehouse and retail area of ± 830 m² on the ground floor with an office component of approximately 680 m² on the first floor.

The workshop on the ground floor consists of the workshop area with a drywall office, kitchenette and ablutions. The retail component on the ground floor fronts onto Florence Nzama (Prince Alfred) Street.

The first floor comprises of a configuration of both dry wall and individual offices with a Kitchen, bar area and 5 ablution facilities. This level has pedestrian access from Florence Nzama Street while vehicular access
is via a ramp from Dr. A B Xuma (Commercial Road) Street. The ramp leads to an upper level parking area which has approximately 10 shaded cloth parking bays.

Vehicular Access to the workshop area is via a roller shutter door from Dr. A B Xuma Street. There also is vehicular access via a roller shutter door and security gate from Milne Street which leads to a warehouse/ storage area. Pedestrian access to the retail component is gained from Florence Nzama Street.

There is a parking lot which is accessed from Dr. A B Xuma Street which can accommodate for the parking of approximately 20 motor vehicles.
This property presents a good opportunity for a new owner to develop this space as it occupies a prominent corner in the Durban CBD.
As per the Title Deed and SG Diagram, the property is subject to a sewer and drain servitude.

The property underlies AMAFA regulations.

Accommodation Details
As per a schedule provided by the seller the building has an approximate gross lettable area as follows:

Retail ± 830.00 m²
Commercial ± 680.00 m²
Total ± 1 510.00 m²