In2assets is pleased to offer this well-positioned double-storey commercial property, situated along Bulwer Road in Durban, to the market by way of Public Auction on 22 October.

The property offers versatile accommodation currently configured for educational purposes, comprising multiple classrooms, offices and ancillary facilities. With its prominent location and adaptable improvements, the property presents an attractive opportunity for owner-occupiers, investors and businesses seeking well-located premises in close proximity to Durban's established commercial and residential nodes.

Locality
The property is strategically situated at 177 Bulwer Road, within an established and accessible precinct of Durban. Bulwer Road enjoys excellent connectivity to surrounding suburbs and key arterial routes, providing convenient access to the Durban CBD, Berea, Glenwood and other surrounding commercial and residential areas.

The property's central location makes it well suited to a range of potential uses, subject to the necessary approvals and zoning requirements.

Improvements
The property comprises a double-storey main building together with a separate rear outbuilding.

The ground floor of the main building comprises an entrance hall, three rooms currently utilised as classrooms, male and female ablution facilities and a covered patio area.

The first floor accommodates three additional classrooms, an office and further ablution facilities.
The separate outbuilding comprises a small classroom, kitchen and ablution facilities.

The property further benefits from a fully paved rear yard area, with parking available for approximately eight vehicles at the rear and potential for additional parking at the front of the property.

The versatile configuration of the improvements provides potential for continued educational use or alternative commercial applications, subject to the necessary approvals.

Income Potential
The property's layout and multiple separate rooms provide flexibility for a variety of potential commercial, educational or professional uses.

Its configuration may appeal to owner-occupiers seeking centrally located premises, while investors may explore opportunities to optimise the property's income-generating potential through leasing or alternative permitted uses.

Surrounding Environment
The surrounding Bulwer Road precinct is characterised by a mixture of residential, educational, medical, professional and commercial properties.

Its proximity to established suburbs and Durban's CBD enhances the property's accessibility and potential appeal to a broad range of occupiers and businesses. The property presents an opportunity to acquire a versatile, centrally located asset within one of Durban's established urban precincts.