3 x Mixed Use Sectional Title Units Within The Windermere Commercial Node

SALE-000524 | For Sale

3 x Mixed Use Sectional Title Units Within The Windermere Commercial Node

Sections 1-3 SS 77-81 Goble Road, 77 Smiso Nkwanyana (Goble) Road, Windermere, Durban, KwaZulu Natal

3 x Mixed Use Sectional Title Units Within The Windermere Commercial Node. Sections 1-3 SS 77-81 Goble Road, 77 Smiso Nkwanyana (Goble) Road, Windermere, Durban

Gross Lettable Area: ± 650 m² | GBA: ± 634 m² | Gross Annual Income: ± R 640 000 | 18 Parking Bays | Restaurant & Plenty of Offices | All 3 Units sold combined | Occupied by popular Malis Indian Cuisine Restaurant | Excellent exposure


This property presents itself as a rare opportunity to any investor or end user to acquire a well maintained, neat and highly exposable property in an area where there is not much opportunities for sale. Known as SS 77-81 Goble Road, this property comprises of 3 Sections of which 2 have road frontages and as such creates the perfect branding exposure to the busy Smiso Nkwanyana (Goble) Road. The property is positioned within walking distance to the beach, Moses Mabhida Stadium and to the Goble Road Licensing Offices. It has the potential to accommodate 5 tenants easily, each with its own access.

The property is accessed via 2 entrance driveways and is perfect as a retail opportunity due to ample parking or fast-food outlet with a drive thru. There are 18 on site exclusive use area parking bays on the paved yard. The property is secured will wall and barb wire fencing.
Section 1, 2 and 3 will be sold as a combined lot only.
Section 1 comprises of an independent building that is currently occupied by a popular Indian cuisine restaurant known as Malis. It comprises of the dining/seating area for customers, an open courtyard area, a storage room, a catering kitchen and customer bathroom facilities. It further consists of a basement storage area which has its own access. It should be noted that all movable items, including the air-conditioners and CCTV cameras are specifically excluded from the sale and do not form part of the sale of the property. A fence on the boundary wall of the courtyard was installed by the tenant.

Section 2 is positioned at the rear of the property and located only on the first floor. This unit comprises of a reception office, male and female ablution facilities, store room and various open plan and individual offices/classrooms which are partitioned by drywalls. Section 2 has its own access from the parking bays which is positioned underneath the unit; however, this access stairway is currently not in use. Section 3 comprises of a double storey building which has 2 access points. The ground level comprises of two offices and a basement store room. The first level comprises various open plan and individual offices/ classrooms, the reception office, management office with an en-suite, a kitchenette and male and female ablutions facilities.

Section 2 and Section 3 are currently being occupied by the 1 tenant and as such the tenant uses the common access point between these 2 sections. It should be noted that all movable items, approximately 10 air-conditioners and all equipment are specifically excluded from the sale and do not form part of the sale of the property.

The property has ducted air-conditioning however this is not in working order. The property, known as SS 77-81 Goble Road fronts onto Smiso Nkwanyana (Goble) Road, just below the Lilian Ngoyi (Windermere) Road and Goble Road intersection. It is set on the fringe of the commercial hub.

Windermere is positioned west of Umgeni Road and north of Stamford Hill Road, and this node is regarded as Durban's sport hub due to the various stadiums in close proximity and as a commercial and entertainment hub due to variety of food outlets and businesses in the area. Many properties in the area have been upgraded and converted into retail and office premises. It is a built-up area, with numerous sectional title complexes and historic residential dwellings in the immediate vicinity.

The neighbourhood is home to many businesses operating from converted dwellings. There is a substantial residential community that enjoys a close proximity to Florida, Stamfordhill as well as to Lillian Ngoyi Road's cosmopolitan atmosphere. It is considered an upmarket suburb. It is a sought-after location for mixed use activities. Restaurants and cafes are within walking distance from the property and the Windermere Shopping Centre is a short distance away. Small commercial nodes are established at major intersections which are mostly geared towards retail accommodation, offices and restaurants. The property is easily accessed via many of the main arterial roads from the greater Berea, Sydenham and Umgeni region. The property enjoys easy access to the Central Business District of Durban. Musgrave Centre and Clifton Preparatory School are nearby.

Commercial Type:
Commercial Building
Web Reference:
SALE-000524
List price:
POA
Address:
Sections 1-3 SS 77-81 Goble Road, 77 Smiso Nkwanyana (Goble) Road, Windermere, Durban, KwaZulu Natal
Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
[email protected]


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