AUCT-002417 | On Auction

Ground Floor Retail Units in South Beach

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    2025-02-20 11:00:00
    Ground Floor Retail Units in South Beach

    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

    Durban Central, KwaZulu-Natal


    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

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    Property Agent
    Marco Forno
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    Marco Forno

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