598 m² Commercial space in Essenwood

POA

Virend Deonarain

In2Assets Properties

598 m² Commercial space in Essenwood

POA

Address: 105 gladys mazibuko (marriott) road,
Floor Area 598 m²

Extent:= +/- 598 sqm | GBA:+/- 260 sqm | Partly tenanted - Gross Annual Income:+/- R125k | Potential accommodation for 6 tenants | Excellent exposure | On site parking available

This property comprises 6 office units, communal kitchen, and common reception area, ablution facilities, store room, staff ablution, a single- lock up garage, garden area and paved parking area. The property is exposed to high levels of traffic being situated on Marriott Road, now known as Gladys Mazibuko Road. This is well maintained and neat building. The building can serve and end user or can accommodate 6 tenants.

The property is located in the heart of Essenwood's residential node, an upmarket suburb forming part of the greater Berea Township. It enjoys a sought after location close to most desired amenities and national tenants. The immediate neighbourhood enjoys a trendy 'cafe culture' atmosphere, which has become sought after amongst professional practices, creative orientated companies and media related businesses. This node is surrounded by upmarket residential properties.

Essenwood, the suburb within which the property is located, is a mixed-use area comprising mainly of residential and commercial uses. The busy Sandile Thusi (Argyle) (M17) and Umgeni (R102) Road interchange is located in close proximity to the property. The above-mentioned Roads access the Northern (M4) Freeway to the east and the N2 National Freeway to the west. The subject suburb of Essenwood is surrounded by Stamfordhill to the east and Greyville to the south, which is the sports hub of Durban, the residential suburb of Morningside to the north and Glenwood to the south. The central business district of Durban is approximately three kilometres south of the subject property.

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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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598 m² Commercial space in Essenwood

POA

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