420 m² Commercial space in Durban CBD

POA

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420 m² Commercial space in Durban CBD

POA

Address: 52 joe slovo (field) street
Floor Area 420 m²

4 Storey Commercial Block within Durban CBD. 52 Joe Slovo (Field) Street, Durban CBD

Extent: 420 m | GLA: 1 170 m | 4 Storey Building (Approximately 300 m per floor) | Positioned in the heart of the CBD | Sold with vacant occupation | Mass market exposure | Well maintained, neat and refurbished | Ideal for student accommodation, offices, college or residential conversion

This 4-storey commercial block is positioned in the heart of the Durban CBD, the ideal property for student accommodation, residential conversion, offices or even as a college/tertiary education institute. Each floor has an approximate gross lettable area of 290 m with the first floor up to the third floor supported by ablution facilities. The property will be sold with vacant occupation.

The property is located within the busiest node and the heart of the Durban CBD with frontage to Joe Slovo (Field) Street and positioned close to the corner of Anton Lembede (Smith) Street and Joe Slovo (Field) Street. Both streets are busy arterial roads which are exposed to high vehicle and pedestrian traffic. The property falls within the Durban Central precinct, as per eThekwinis new Urban Development Zone (UDZ). This is one of nine new precincts demarcated within the greater central city, together forming the UDZ.

The aim of creating this zone is to stimulate new investment and urban regeneration to the central parts of the eThekweni city, through tax saving incentives applicable to new development or building restoration. The neighbourhood within the immediate vicinity of the property comprises only retail space on the ground floor and offices and flats on the upper floor levels.

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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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420 m² Commercial space in Durban CBD

POA

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