Development Opportunity in Warwick Triangle, 10, 12 & 14, Wills Road, Warwick, Durban
Combined property extent: ± 2 459 m² | Close to Warwick Triangle train station and bus rank | High commuter trade zone | 2 Road frontages
The property enjoys prime location amidst an extremely high pedestrian and vehicular traffic node. There are two registered properties with two street frontages, Wills Road and Acorn Road.
The seller has currently made an application to AMAFA for demolition and redevelopment of the property. He has also applied for rezoning of the property to a mixed-use zoning which would allow for a commercial and residential component.
Warwick Avenue is the centre point for commuters to the city centre where many formal and informal traders have established themselves. Every day hundreds of buses, taxis, and trains enter and leave the Warwick Triangle precinct commuting many workers to the centre, as well as thousands of visitors, shoppers, and informal traders. It serves a particular segment of commuters; those living in the rural areas, the townships, and informal settlements. This is the place of trades and occupations not found elsewhere in the city. Warwick Junction itself has become the site of urban reconstruction with many unusual developments; the creation in one sense of the African bazaar.
The area is well served with health facilities and educational institutions. Just across the freeway is the sprawling DUT (Durban Institute of Technology) which has assembled the previous two Technical Colleges, and students seek accommodation within the Warwick Junction area. There are a number of schools and churches nearby.
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