5200 m² Retail Space in Windermere

R 44 500 000

Louis Nyiri

eXp South Africa

5200 m² Retail Space in Windermere

R 44 500 000

Floor Area 5200 m² Land Area 1714 m²

This subject property measuring approximately 5200 sqm GLA is located on the corner of Mathews Meyiwa Road (Stamford Hill Road) and Sandile Thusi (Argyle) Road, towards the southern boundary of Windermere. Windermere is one of many suburbs forming the greater Berea region.

The property is located approximately 5 kilometres north of Durbans Central Business District in a well-established mixed-use area comprising commercial and light industrial uses

public transport and sports grounds are also situated within close proximity to the subject property. The

Durban Train Station is nearby. The property occupies a prominent site on Stamford Hill Road and is exposed to

high levels of vehicular and pedestrian traffic.

Primary use:

The subject property comprises of a solid four storey open plan building suitable for offices, showroom,

accommodation, warehousing, call centre, entertainment or even a drive through facility. The building has over

5 200m of concrete floor area and is positioned at one of Durbans busiest intersection on a corner site with

excellent exposure to vehicular and pedestrian traffic. Each level comprises of kitchenettes, ablution facilities

and store rooms whilst the roof is slabbed which enables the building to be developed further. 2 x goods hoist

lifts (1 x 1816kg 1 x 909kg) is available on the property. Parking for approximately 40 vehicles is available at

the basement.

The property is subject to a right of way servitude.

The GLA is approximately 5 200m. The extent of each floor is as follows:

Ground Floor 1 200m

First Floor 1 500m

Second Floor 1 500m

Basement 1 000m

The above extents were provided by the seller.

Expenses

The assessment rates for the year amount to approximately R 235 104.00, which equates to a monthly figure of

R 19 592.00.

3 FLOORS,BASEMENT PARKING, APPROX 6700m2 in total

1ST FLOOR CAN BE DIVIDED INTO 2 AREAS OF 750 SQM WITH SEPARATE ENTRANCES

2ND FLOOR CAN BE DIVIDED INTO 2 AREAS OF 750 SQM WITH SEPARATE ENTRANCES

Basement with over 40 parking bays and two way ramp access for ease of entry and exit

For more info and personalised viewing please contact me

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Experience Durban Central

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.

Find out more about Durban Central

5200 m² Retail Space in Windermere

R 44 500 000

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