Transforming of the Umbilo Post Office: Retail and Fast-Food Potential in a vibrant area. The prominent located Umbilo Post Office, a historic landmark in Durban's vibrant Umbilo suburb, will be sold by public auction on the 23rd of August 2023 as part of In2assets commercial property auction.
This frontline property offers a unique opportunity for transforming into retail, showrooms, or fast-food outlets. This prime location presents a promising avenue for economic growth and community revitalization.
Umbilo Post Office has been a central communication hub for over a century. Preserving its historical integrity while repurposing it for modern needs will be crucial.
Situated on Grimsby Road, this 3008m2 property enjoys excellent visibility and accessibility via N2 and Higginson Highway. Its strategic position guarantees a steady flow of passing motorists, making it an ideal spot for retail or fast-food establishments.
Engaging local stakeholders ensures the project reflects Umbilo ‘s identity and fosters community pride, creating a sense of ownership and inclusion.
Redevelopment would inject new life into the local economy, generating employment opportunities and increasing tax revenues, supporting sustainable growth.
Transforming the Umbilo Post Office can enhance the visual appeal of the area, inspiring other property owners to invest and contribute to the overall revitalization of the neighbourhood.
The sale of this property forms part of a National portfolio disposal of 50 Properties released by Telkom SA exclusively mandated to In2assets.
Interested parties can contact Virend Deonarain on 071 383 1735 or visit www.in2assets.com to view the entire portfolio