Prominent Commercial Building, 109 Mathews Meyiwa Road (Stamford Hill Road), Durban
GLA: ± 654 m² | Rear section partially razed by fire | Appealing re-development opportunity | Urgent disposal
This well positioned corned property enjoys prime exposure along the historically strong trading Matthews Meyiwa Rd (Stamford Hill Road). The property was damaged by a fire at the rear end of the building along Lennox Road. The Continental Bakery was an iconic retail property which closed down after the fire. The current zoning of the property is General Residential 2 however the property falls within an interface area. All the properties along this road have retail use. The subject property would be well suited as a renovation project. The rear of the property could even be demolished to create onsite parking if needed. Usage Rights would need to be addressed with the appropriate local authority.