This vacant site situated within Warwick Triangle presents a lucrative Development opportunity within one Durban’s busiest commercial hubs. Here are the key highlights and advantages of the property:

Strategic Location
The property enjoys prime location amidst an extremely high pedestrian and vehicular traffic node known as Warwick Avenue. Warwick Avenue is the center point for commuters to the city center where many formal and informal traders have established themselves.

Everyday hundreds of buses, taxis, and trains enter and leave the Warwick Triangle precinct commuting many workers to the center, as well as thousands of visitors, shoppers, and informal traders. It serves a segment of commuters; those living in the rural areas, the townships, and informal settlements. This is the place of trades and occupations not found elsewhere in the city. Warwick Junction itself has become the site of urban reconstruction with many unusual developments, the creation in one sense of the African bazaar.

The area is well served with health facilities and educational institutions. Just across the freeway is the sprawling DUT (Durban Institute of Technology) which has assembled the previous two Technical Colleges, and students seek accommodation within the Warwick Junction area. There are a number of schools and churches nearby.

Redevelopment Opportunity
There are two registered properties with two street frontages, Wills Road and Acorn Road. The properties have a combined extent of ± 2 459 m2. All structures on the site have been demolished making it ideal for redevelopment.

The property offers the opportunity for a commercial development which could accommodate a large retail store on the ground floor together with line shops. The first floor could be designed to be the parking for the building with the second and third floor designed for student accommodation.

It should be noted that the properties are subject to a servitude in restraint of free alienation whereby the properties shall not be alienated, transferred, leased, mortgaged or otherwise dealt with separately from each other.