In2assets presents an opportunity to acquire this Well positioned property within the heart of Essenwood
Strategic Locality
This property enjoys excellent exposure as it is positioned on the corner of Overport Drive and Monmouth Road. The property lies within walking distance to The Atrium within the busiest node bound by Musgrave, Essenwood and Overport. The property is located approximately 250m from the intersection of Overport Drive and Peter Mokaba (Ridge) Road, within the Musgrave suburb. This specific node is viewed as a sought-after address and is centrally situated for clients from the upper highway and Umhlanga.
The node is bound by Musgrave Road to the East, Sydenham Road to the North and Berea Road to the south. The property is situated at its own individual address with exceptionally easy access from Overport Drive of Monmouth Road. Due to the property being a standalone building, it does not incur as much operational costs as in an office park. Musgrave is approximately 4 kilometers North West of the Durban's Central Business District. The immediate neighbourhood is predominantly made up of commercial properties, upmarket residential properties and Overport Centre.
Convenient Access
The property at 26 Overport Drive enjoys excellent accessibility via a well-established road network within the sought-after suburb of Essenwood. Overport Drive is a prominent arterial route that links directly to major roads such as Sydenham Road, Ridge Road (M13), and Umgeni Road (R102), providing convenient access to Durban’s CBD, surrounding suburbs, and major transport corridors.
The area is serviced by both public and private transport, with regular minibus taxi and bus routes operating along Overport Drive and its connecting roads. The M4 and N3 highways are also easily accessible within a short driving distance, facilitating regional connectivity.
Overall, the property benefits from strong vehicular access and is well-positioned for business or professional use due to its central location and ease of connectivity.
Improvements
The property comprises a modern three-storey executive office building set on a site measuring approximately 522 m², with the added benefit of around 14 on-site parking bays that provide convenient access to and from the premises.
The ground floor features a welcoming reception area, a tea kitchen, four private offices, a general open-plan office space, and well-maintained ablution facilities. The first floor consists of three individual offices, three expansive open-plan office areas, a kitchenette, and additional ablution facilities. The second floor offers a spacious open-plan area currently utilised as a boardroom, a large private office, and a smaller partitioned office, providing a versatile working environment.
Additional improvements include full boundary fencing, paved parking areas to the front and rear of the property, and an outbuilding located at the rear, which may be utilised for storage or additional office space.
The property is ideally suited for professional practices such as law firms, architectural studios, or engineering consultancies. It would also be well-suited for conversion into medical suites for doctors, specialists, or other healthcare professionals.
Noteworthy features include comprehensive CAT 6 LAN cabling, enabling immediate connectivity for computer systems, dedicated red electrical plugs for computer equipment, a 3-phase power supply, and a robust security system, all of which support an efficient and secure working environment.
Please note that the inverter/solar system, including the solar panels and batteries, is specifically excluded from the sale but may be negotiated with the Seller upon conclusion of a successful transaction. All movable assets are also expressly excluded from the sale.
Surrounding Environment
This area is well known for its popular restaurants, coffee shops and offices. The surrounding properties are all similar older properties which are generally well kept, with some being upgraded and modernized. The property is well appointed with regard to location and is in close proximity to all necessary amenities such as public transport facilities, schools, institutional centers, entertainment, shopping centres and the McCord’s Hospital.