Site Extent: ± 1 446 m² | 2 x Retail Shops (one currently a gym) & 1 Potential Workshop or Storage space (Vacant - not serviced with water & electricity) | Gross Annual Income: ± R910K | Zoned: General Business | 3 Road frontages | Can be purchased together with 51-61 Sylvester Ntuli (Brickhill) Road & 9 Hunter Street
This commercial property is positioned within the South Beach Precinct, on the outskirts of the Durban CBD. Currently the property comprises of 2 retail shops plus a ± 152 m² vacant space.
The property fronts onto 3 roads, being Sylvester Ntuli (Brickhill) Road, Milne Street and East Lane. The property is positioned within 250m from the South Beach Checkers Centre and close to the Durban Harbour precinct. The property has good exposure to high volumes of passing traffic.
The property is currently tenanted with two tenants on long term lease agreements. The area is a bustling and busy area with low vacancies due to the mixed use activities in the node. Business and organizations such as supermarket retailers, automotive services, suppliers and distribution companies, clothing manufacturers and retailers, surfboard manufactures and surf gear outlets and building and hardware suppliers to name a few.
The vacant space fronts onto Milne Street and measures approximately 152 m² under roof, which is an ideal position for a motor car workshop, parking or storage space, however it should be noted that this space is not serviced with water and electricity.
The site is easily accessible and well-linked to the major road network like the M4 and M4 Ruth First Highway, which serves the surrounding area, as well as to public transport networks, with Moses Mabhida Station in close proximity. Sylvester Ntuli Road links to the Suncoast Boulevard.
The Durban ICC and Hilton Hotel is located nearby.
The property is serviced in terms of necessary amenities including emergency, medical, educational services and transport facilities.
Viewing: Tuesday, 15th August 2023 from 13h00 to 15h00
Friday, 18th August 2023 from 14h00 to 16h00
Virend Deonarain
Show number
vdeonarain@in2assets.com
