13357 m² Retail Space in Durban CBD

R 105 000 000

Barry Reed

Just Property-Margate

13357 m² Retail Space in Durban CBD

R 105 000 000

Address: 409 west street
Floor Area 13357 m²

Retail, West and Smith Streets, For Sale R105m

Floor Area 13 357 m2 @ R7 860 per m2 = R105m

Erf (Land) 5 567 m2

Property extends from West (Dr Pixley Kaseme) St to Smith (Anton Lembede) St.

High Foot Traffic

National Tenant and negotiations under way to fill Vacant space

Potential Income R18m per annum

Rates R2.4m per annum

Potential ROI 14% plus

Zoned General Business, FAR 8

Bulk available 31 179 m2

For further details and to view contact Barry

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Durban Central is a diverse, colourful neighbourhood that includes the beachfront areas, the Berea, Morningside, Glenwood, Musgrave and the CBD. The beach is the biggest attraction and locals flock the promenade to cycle, run, surf, swim, fish or just catch some sun. There are also incredibly lush parks and open spaces dotted around the neighbourhod for residents to take advantage of. The nightlife in Durban Central is exciting with numerous bars, pubs, restaurants and night clubs in close proximity to each other. As its name implies, Durban Central's location makes it convenient to get to any of the other areas around Durban.

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13357 m² Retail Space in Durban CBD

R 105 000 000

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