In2assets will be auctioning two commercial properties in Durban’s CBD on Anton Lembede Street, on June 22 at 11am at The Mount Edgecombe Country Club.
The surrounding neighbourhood is a bustling mix of multi-level warehousing, residential blocks of flats, hotels, retail spaces and it is the vehicle sales hub of the CBD.
This location offers excellent access, exposure and a diverse range of amenities, making it an attractive proposition for a variety of businesses.
The first property is a retail premises which enjoys high exposure at 136 Anton Lembede (Smith) Street. It offers approximately 566m² of ground floor retail space and ±140m² of first floor offices. It previously functioned as a bank and offers ±150m² of bank vaults on the basement level, accessed via a goods lift from the ground floor.
The first floor consists of offices, a kitchenette, ablutions, and a shower, providing all necessary amenities for staff. The space includes three offices.
There is roller shutter access at the rear on the ground floor, providing easy loading and unloading of goods. In addition there is a slabbed area on the roof level.
Viewing is by appointment only. For more information, please contact Muhammad Ali on 079 458 4256 or 031 574 7600 or email alim@in2assets.com.
The second property offers ±8 500m² of commercial space at 292 Anton Lembede (Smith) Street and presents the market with a rare opportunity - a 16-storey high rise block with ground floor retail shops and offices on the upper floors.
Sold with vacant occupation, this property offers multiple purposes ranging from offices, residential, retail or even a hotel.
The ground floor comprises three retail shops that front onto Anton Lembede (Smith) Street along with access via a roller shutter door into a passage that links with a goods lift and storage room.
From the first floor to the 13th floor, the property comprises offices which were previously occupied by Richfield Campus. As such each level is configured as open-plan offices/lecture rooms or individual offices.
The 14th floor comprises an apartment with two bedrooms, lounge, dining room, kitchen, bathroom and a store room. This opens out to a slab roof/balcony.
The 15th and 16th floors consist of the AC motor rooms, lift maintenance room and goods hoist maintenance room. It should be noted that all movable items within the property do not form part of the sale. However, a JOJO tank will be part of the sale.
Viewing is by appointment only. For more information, please contact Virend Deonarain on 071 383 1735 or 031 574 7600 or email vdeonarain@in2assets.com.
