± 520 m² Office Unit Within The Iconic and Popular Royal Hotel

AUCT-001512 | SOLD

± 520 m² Office Unit Within The Iconic and Popular Royal Hotel

Section 221 SS The Royal, 267 Anton Lembede (Smith) Street, Durban Central, Durban, KwaZulu Natal

± 520 m² Office Unit Within The Iconic and Popular Royal Hotel. Section 221 SS The Royal, 267 Anton Lembede (Smith) Street, Durban CBD

Vacant Occupation | 20th Floor Office | Positioned within a hotel with immense heritage value | Configuration of open plan and individual offices | Suitable for two tenants


This ± 522 m² office unit is positioned on the 20th floor of the iconic and popular hotel, known as the The Royal Hotel. The Royal Hotel Durban has stood at the centre of Durban for more than 150 years. It has grown with the City and stands proud of its tradition of exceptional service and hospitality. On 12 December 1845 Durban’s first hotel announced itself open to the public. The parent property is divided into the Royal Hotel and the Office components that front onto the busy Anton Lembede (Smith) Street. The building is fully secured and ducted air conditioned throughout. The 3 elevators that service the building are co-owned with the Hotel. The office unit can easily accommodate 2 separate tenants on either wing of the common lift / foyer area. The wing towards the west of the unit comprises a configuration of open plan and individual offices, most of which are separated by drywall partitions. This wing further comprises a kitchenette, male and female ablutions facilities. The wing at the east of the unit comprises of a configuration of open plan and individual offices, most of which are separated by glass partitions. Split unit air-conditioners were noticed within these offices.

The unit is positioned a level below the pool and SPA of the Royal Hotel. Secure undercover parking bays are positioned on the first floor of the neighbouring building and can be accessed through the Skywalk on the second floor of The Royal. Parking bays are available to rent only. There are no exclusive use areas allocated to Section 221 SS The Royal. It should be noted that there are movable items within the offices such as desks, chairs and other equipment. We are still to confirm if these movable items will form part of the sale of the property or not. The iconic and popular Royal Hotel occupies a corner site and is positioned fronting onto Anton Lembede (Smith) Street within the heart of the Durban Central Business District.

The hotel falls within the Durban Central precinct part of 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. The neighbourhood within the immediate vicinity of the property comprises mostly retail space on the ground floor and offices and flats on the upper floor levels. Some accommodation has been upgraded, whilst general landscaping and improved cleanliness and security have stimulated new investment in the area. Anton Lembede (Smith) Street is one of the main one-way arterial roads running from east to west and bisecting the CBD. The Victoria Embankment and the Durban Harbour are easily accessible; as are the M4 and N3 Freeways. The property is well appointed in terms of necessary amenities including the Durban Harbour, King Shaka International Airport, emergency, medical, educational services and transport facilities.

Commercial Type:
Office Space
Web Reference:
AUCT-001512
Final price:
POA
Address:
Section 221 SS The Royal, 267 Anton Lembede (Smith) Street, Durban Central, Durban, KwaZulu Natal
Auction Venue:
Mount Edgecombe Country Club
Mount Edgecombe
Durban
KwaZulu Natal
Auction Date:
19 August 2021 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 19 August 2021 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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