Section 1 & 3 (Ground Floor) - Combined Extent: ± 870 m² | Gross Annual Income: ± R2.7 Million (including recoveries) | 9 Parking Bays | Section 12 (11th Floor) - Extent: ± 790 m² | Gross Annual Income: ± R800K (including recoveries) | 10 Parking Bays | All of the above will be sold individually and as a combined lot
SS Metlife Building is a 17-storey building positioned within the heart of the Durban CBD. The building comprises of ground floor retail shops, 3 floors of secure parking and the remaining floors of offices. This is a well-maintained building with offices considered as A-Grade and the retail occupied by strong national tenants.
Section 1 is positioned at the corner of Anton Lembede (Smith) Street and Fenton Road and comprises three retail shops. The largest of the shops is occupied by a national tenant. All three shops have large shop front windows which are secured by roller shutter doors. Ducted air-conditioning and sprinkler systems are in place.
Section 3 is positioned at the corner of Anton Lembede (Smith) Street and Hermitage Lane and comprises one large retail shop occupied by a national tenant. This shop has large shop front windows and are secured by roller shutter doors. Ducted air-conditioning and sprinkler systems are in place.
All shops are designed tastefully reflecting the organizations approach which integrates with the needs of their clients. There are nine parking bays (P14, P16, P36, P38, P64, P66, P88, P130 & P132) allocated exclusively to Unit 1 & Unit 3, but are currently used by Unit 3 only.
Section 12 is positioned on the eleventh floor of the building. This floor is surrounded by the central core of the building. This core comprises of four passenger lifts which includes a goods lift as well. The unit comprises of configuration of open plan and individual offices currently occupied by various tenants. All offices are drywall partitioned. All offices comprise ducted air-conditioning and sprinkler systems are in place. The unit is allocated ten parking bays:
Section 12 – P1 to P4, P52 to P55, P133 and P135
Note that Units 1 & 3 on the ground floor will be sold combined and Unit 12 will be sold individually. Thereafter both units will also be sold as a combined lot.
Metlife Building is positioned within the busiest node and within the heart of the Durban CBD. The ground floor retail units have frontage to Anton Lembede (Smith) Street, Hermitage Road and Fenton Road. Anton Lembede (Smith) Street is a busy arterial road which is exposed to high levels of vehicle and pedestrian traffic. Vehicular access into 3 levels of the undercover secure parking areas can be obtained from Fenton Road.
