AUCT-002417 | On Auction

Ground Floor Retail Units in South Beach

Shop 1 - 4 St Regis, 40 Anton Lembede (Smith) Street, Durban Central, eThekwini Metropolitan Municipality, KwaZulu-Natal

Ground Floor Retail Units in South Beach. Shops 1 - 4 St Regis, 40 Anton Lembede (Smith) Street, Durban CBD

Total Unit Size: ± 308 m² | 8 Retail units | Corner site – high exposure | Tenanted


The property consists of multiple ground-floor retail space in the St Regis building which is located on a prominent corner site, offering excellent visibility and accessibility. Originally designed as four units, the space has been reconfigured into eight units, optimizing rental opportunities and making the layout suitable for various business needs. Some units also include private bathrooms, adding a practical feature for tenants.

Prime Location
This property is situated on the coastal edge of Durban’s CBD, at the busy intersection of Mahatma Gandhi (Point) Road and Anton Lembede (Smith) Street—two main routes connecting Durban’s beachfront area with the city center. The location benefits from consistent vehicular and pedestrian traffic, making it ideal for businesses requiring high exposure.

Surrounding Area
The immediate neighbourhood consists of a mix of service industrial facilities, multi-level warehouses, residential flats, hotels, retail spaces, and student accommodation. The property is also close to several key landmarks, including the Durban ICC, the Hilton Hotel, Kingsmead Cricket Grounds, and tertiary institutions, which add to the area’s appeal.

Accessibility and Regeneration
It enjoys convenient access to the Victoria Embankment, Durban Harbour, and the M4 and N3 freeways. Recent efforts to improve cleanliness and enhance security in the area have contributed to ongoing urban regeneration and new investment, making this property an appealing option for a variety of businesses.

Commercial Type:
Retail Space
Web Reference:
AUCT-002417
List price:
POA
Address:
Shop 1 - 4 St Regis, 40 Anton Lembede (Smith) Street, Durban Central, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
20 February 2025 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

Bidding opens in


Auction Date: 20 February 2025 11:00:00am


Marco Forno
                                                         In2assets Representative

Property Agent


Marco Forno
Show number
mforno@in2assets.com


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