10 600 m² Commercial space in Durban CBD

Durban CBD continues to present some of the most compelling value propositions in the KwaZulu-Natal commercial market, and this landmark 23-storey building on Smith Street is a standout example positioned in a vibrant, highly accessible node within walking distance of Durban University of Technology, the property offers approximately 10,600m2 of lettable space across 17 floors, complemented by six floors of parking accommodating roughly 81 vehicles.

The building''s scale and configuration lend themselves to a range of strategies, from institutional-grade commercial letting to conversion into student accommodation, residential units, or a mixed-use offering ground-floor retail shops add a further income stream, while excellent street visibility and accessibility from Smith Street ensure strong footfall and tenant appeal. Given its proximity to DUT, the property is exceptionally well positioned for redevelopment into purpose-built student housing, subject to the necessary approvals, tapping into consistent, high-demand rental income from the surrounding student population.

For investors and developers seeking scale in one of Durban''s most strategically located commercial nodes, this is a rare opportunity to secure a multi-income-stream asset with genuine redevelopment upside shops, parking, and upper-floor accommodation or commercial space combine to offer diversified income potential from a single acquisition.

For more information or to arrange a viewing, contact Legacy Real Estate Group