Vehicular ramp access to upper floors | Existing National Car Dealership Premises (Thekwini
Motors) | Partly tenanted - Gross Annual Income: ± R1.3 Million

This property is positioned at the corner of Jonsson Lane and Anton Lembede (Smith) Street, within the Durban CBD. This specific node is the car motor dealership hub of the CBD and surrounded by Kent Motors, Aksons Durban, Hoopers VW, GWM & Hyundai Durban, to name a few. The building comprises of 2 storeys, with the ground floor consisting of a large open plan retail / showroom area, adjacent office for the retail area (or additional retail area) all of which with high glass front windows. Accessed off Jonsson Lane and at the rear of the property, there is a workshop facility that is currently occupied by a panel beater. The upper floor is accessed via a ramp off Jonsson Lane or alternate access via the stairs. The upper floor consists of various open plan offices, individual offices, workshops and ample storage rooms.

The property is situated towards the coastal periphery of the Durban CBD and close to the intersection of Stalwart Simelane and Anton Lembede (Smith) Street.
Anton Lembede (Smith) Street is a busy arterial which links Durban’s Beach precinct to the Durban’s Central Business District. The property is within walking distance to the Durban ICC and enjoys very high vehicular and pedestrian exposure.

The neighbourhood within the immediate vicinity of the property comprises mostly of, multi-level warehousing, residential block of flats, hotels, retail space and is the vehicle sales hub of the CBD. The property is also close to various tertiary institutions, the Hilton Hotel, the Kingsmead Cricket grounds and the Kingsmead Office Park. The Victoria Embankment and the Durban Harbour are easily accessible; as well as the M4 and N3 Freeways. This node has enjoyed improved cleanliness and upgraded security which have stimulated new investment by injected capital into urban regeneration projects in the area.