AUCT-002456 | SOLD

Prominent Retail Unit In Durban CBD

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    2025-04-24 11:00:00
    Prominent Retail Unit In Durban CBD

    Prominent Retail Unit In Durban CBD. Unit 2 SS Colchester, 108 Anton Lembede (Smith) Street, Durban CBD

    Extent: ± 419 m² | Corner site | Gross Monthly Income: ± R50K | Large foot traffic | Good investment and end-user opportunity

    Durban Central, KwaZulu-Natal


    The Property
    This 419m² retail unit is strategically positioned in Durban’s bustling CBD, presenting an exceptional opportunity for retailers, investors, or business owners seeking a high-visibility commercial space. Located on a prominent corner site, the property boasts dual road frontage along Anton Lembede (Smith) Street and Florence Nzama (Prince Alfred) Street, ensuring maximum exposure to both pedestrian and vehicle traffic.

    The property's large glass frontage significantly enhances branding potential, making it ideal for various retail businesses, showrooms, or service-oriented enterprises. Its prime position within Durban’s commercial core places it close to major retail stores, financial institutions, and corporate offices, offering an established and thriving customer base.

    Retail Space Configuration
    The unit features a spacious open-plan layout, providing excellent flexibility for tailored retail setups or showroom displays. It includes dual access points for efficient customer flow and ease of stock deliveries, making it practical for businesses with intensive operational requirements.

    Additional internal features comprise a welcoming reception area, five air-conditioned offices ideal for administrative or managerial functions, a dedicated storage room, a convenient kitchenette, and a toilet facility. The tiled flooring throughout the unit enhances its professional appeal and provides easy maintenance.
    The unit is also uniquely designed with three exits capable of accommodating vehicles, further optimizing logistics and operational functionality.

    The expansive window displays amplify visibility, attracting foot traffic and creating strong brand recognition in a densely populated commercial zone. Given its versatile layout and comprehensive facilities, the space easily accommodates various businesses, including clothing retailers, tech outlets, franchise operations, churches, and financial service providers.

    Prime Location
    Anton Lembede (Smith) Street is renowned as one of Durban’s busiest commercial arteries, celebrated for its dynamic retail and corporate environment. The unit’s additional frontage on Florence Nzama (Prince Alfred) Street enhances its accessibility and visibility, ensuring continuous customer engagement and exceptional exposure.

    Proximity to public transport hubs, ample parking facilities, and major business districts within comfortable walking distance further underscore the location’s unparalleled convenience and attractiveness for both customers and business operators.
    Commercial Type:
    Retail Space
    Web Reference:
    AUCT-002456
    Final price:
    POA
    Address:
    Unit 2 SS Colchester, 108 Anton Lembede (Smith) Street, Durban Central, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    24 April 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
                                        In2assets Representative

    Marco Forno

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    mforno@in2assets.com

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