Prime Durban CBD Property For Sale

POA

Durban CBD, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP5186
Asking Price : POA
Ownership : Freehold
Land Size : 1628m²
Building Size : 1510m²
Parking : Yes


Description

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

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Contact the Agent

Yianni Pavlou » ++27 82 494 4555
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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