AUCT-002467 | SOLD

Spacious Commercial Property in Florida Road

324 Florida Road, Morningside, eThekwini Metropolitan Municipality, KwaZulu-Natal

Spacious Commercial Property in Florida Road. 324 Florida Road, Morningside, Durban

Extent: ± 1 216 m² | GBA: ± 421 m² | Tenanted | Gross Monthly Income: ± R75K | Ample parking | Well maintained


Situated on the iconic Florida Road, 324 Florida Road presents a prime commercial opportunity in one of Durban’s most dynamic business and lifestyle hubs. Florida Road is renowned for its eclectic mix of restaurants, bars, retail stores, and professional offices, attracting both locals and visitors alike. The property benefits from excellent accessibility via Sandile Thusi (Argyle) Road, Peter Mokaba (Ridge) Road, and the M4 freeway, ensuring seamless connectivity to the broader Durban area.

Property Features & Layout
This property consists of two buildings, each offering functional and versatile commercial space.
The main showroom building boasts an open-plan layout, currently utilised as a large showroom, with a welcoming reception area and a semi-enclosed balcony that adds to the spacious feel of the premises.

The secondary building features dry-wall partitioned offices, making it suitable for businesses requiring separate workspaces. It also includes a kitchenette, toilets, reception area, and a seating area, providing essential amenities for staff and clients.
The property has a gross building area of 421m² and sits on an extent of 1,216m², offering ample space for business operations.

Security & Parking
Security is a key feature of the property, with a full electric fence in place to ensure safety. Additionally, six secure parking bays provide convenient access for staff and clients, a valuable asset in this high-demand area.

Expansion Potential
Florida Road continues to experience strong commercial growth, making this property an excellent investment opportunity. Its dual-building setup allows for multiple business operations on-site or the potential to customize the space for a single, larger operation.

Locality & Amenities
The property is surrounded by key amenities in Florida Road, as well as the nearby Windermere, Stamford Hill, and Umgeni Roads. Shopping centres in close proximity include Windermere Shopping Centre, Musgrave Shopping Centre, and Overport City, offering convenience for businesses and visitors alike.

Since 2013, Florida Road has undergone significant rejuvenation, driven by the Florida Road Urban Improvement Precinct (UIP). This initiative has enhanced security and transformed the area into a thriving mixed-use precinct, making it one of Durban’s trendiest and most desirable commercial locations. The precinct attracts professionals, entrepreneurs, and customers looking to eat, shop, network, and do business.

Several prestigious schools are within walking distance, including Gordon Road Girls' School, Durban Preparatory High School, Clifton College, and Curro Heritage House, further adding to the area’s appeal.

Commercial Type:
Commercial Building
Web Reference:
AUCT-002467
Final price:
POA
Address:
324 Florida Road, Morningside, 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

Bidding opens in


Auction Date: 24 April 2025 11:00:00am


Marco Forno
                                                         In2assets Representative

Property Agent


Marco Forno
Show number
mforno@in2assets.com


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