Extent: ± 1 165 m² | End-user opportunity | High visibility
Durban, KwaZulu Natal
The subject property is situated towards the eastern periphery of the Durban CBD within the South Beach precinct and in close proximity to the Harbour. The property is bound by three roads and enjoys high visibility.
The neighbourhood within the immediate vicinity of the subject property comprises mostly service industrial, multi-level warehousing, retail space and vehicle sales. The property is also close to majority of the hotels on the beach front and the Victoria Embankment and the Durban Harbour. Assess flow is given via nearby M4 and N3 Freeways.
The subject property falls within the Durban Central precinct, as per eThekwini’s new Urban Development Zone (UDZ). This is one of nine new precincts demarcated within the greater central city, together forming the UDZ. The aim of creating this zone is to stimulate new investment and urban regeneration to the central parts of the eThekwini city, through tax saving incentives applicable to new development or building restoration.
