845 m² Commercial space in Glenwood

On Auction

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845 m² Commercial space in Glenwood

On Auction

Address: 40 esther roberts (frere) road
Floor Area 845 m²

Site Extent: +/- 845 sqm | Gross Building Area: +/- 330 sqm | Potential for 5 or more business tenants | Potential for multi-level residential conversion - zoned GR2 | Sold Vacant Occupation | Clean, well-maintained offices with ample parking areas | Positioned 50m from popular Cane Cutters Food Outlet

This property is positioned approximately 50m from the intersection of Esther Roberts (Frere) Road and Helen Joseph (Davenport) Road, where the famous Cane Cutters Food Outlet is situated. The property comprises of 2 buildings, the main building and outbuilding. The main building comprises of clean and well-maintained offices, both open plan and individual, ablution facilities, kitchenette and a store/filing room. The outbuilding comprises of an open plan office, kitchenette, attached double garage, ablution facilities and covered parking area. The property is fully secure with electric fencing and walls and paved throughout.

The property will be sold with vacant occupation. It can accommodate more than 5 tenants easily and as such provides one with an investment opportunity. The zoning is GR2 which permits multiple unit development. The property is positioned at the corner of Esther Roberts Road and Godfrey Avenue which is a narrow lane that connects to Davenport Avenue. This property is positioned within 220m away from the Davenport Shopping Centre and within walking distance from various popular restaurants, fast food outlets, coffee shops, banks, petrol stations and tertiary institutions.

Esther Roberts Road links easily to the Metro Route (M11) Che Guevara (Moore) Road thus lending convenient access to and from Durban's Central Business District and all main beaches. The suburb is flanked to the north by the Western Freeway/N3 Freeway and is located on the outskirts of Durban's CBD and close to the upmarket suburbs of Musgrave and Essenwood. The N3 Freeway is easily accessed. Glenwood is known as the sports hub of Durban. The property is positioned within a 2-minute walk from the Berea Bowling Club.

The suburb is an interesting mix of both 'old and new' accommodation and commercial types. Many of the original Victorian dwellings are still in place and the presence of mixed-use type accommodation seems to have blended well with the neighbourhood's demographic profile. Small commercial nodes are established at major intersections. These are mostly geared towards boutique type retail accommodation, restaurants and small to medium sized office suites. The industrial area of Congella is only a kilometer east. The area is fully serviced with tarred roads, sewerage, refuse removal and Telkom networks.

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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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845 m² Commercial space in Glenwood

On Auction

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