Commercial Building, 41 Acutt Street, Durban
Combined extent: ± 574 m² | Gross Building Area: ± 1400 m² | Vacant occupation | Redevelopment opportunity | 4 Storeys | Walking distance to City Hall
This CBD property consists of three stories plus a penthouse section and has its own undercover parking for about 8 cars. The upper floors are serviced by a lift and are accessible via two separate staircases. Most of the floor space is separated into smaller sections by dry-walling, which makes it easy for a redevelopment.
The property is in a prominent position within walking distance of the Durban City Hall, Playhouse and Royal Hotel. The property seems to be ideal for student accommodation conversion, as well as medical suites, admin offices, training college or residential homes.
Durban is the largest city in the South African province of KwaZulu-Natal and the third most populous in South Africa after Johannesburg and Cape Town. It is also the second most important manufacturing hub in South Africa after Johannesburg. Located on the east coast of South Africa, Durban is famous for being the busiest port in the country. It is also seen as one of the major centres of tourism because of the city's warm subtropical climate and extensive beaches.
The property is for sale by public auction and all the In2assets auction rules apply.