6000 m² Commercial space in Durban North

R 44 750 000

Dave Monks

RE/MAX-Address Umhlanga Rocks

Carmen Da Silva Leite

RE/MAX-Address Umhlanga Rocks

6000 m² Commercial space in Durban North

R 44 750 000

Can I afford this?
Floor Area 6000 m²
Rates R 46000

This building is situated in the popular and sought after Florida Road which houses some of Durbans finest restaurants.

Most of the ground floor is leased by 3 well known restaurants and the leases have just been renewed for a further 5 years.

The hotel also has a lease but is being sold as a going concern together with the property. The hotel has its reception on the ground floor and 39 rooms on the 1st and 2nd floors. All 39 rooms are en-suite with full guest room amenities. The hotel has Wi-Fi, CCTV monitoring, security, bar, room service and laundry service. The hotel is a 3 Star Hotel and has a liquor licence as do the restaurants on site. Occupancy rate currently 70%. The hotels position makes it very attractive to businessman and leisure guests visiting Durban

There is a lower ground unused facility of 500 sqm which comprises a kitchen, bar and toilet facilities and has been earmarked for a potential conference/function room.

20 parking bays on site.

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Dave Monks

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Monks

Carmen Da Silva Leite

Carmen

Da Silva Leite

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Experience Durban North

Durban North is an established small suburb where the people are friendly, and the surroundings are beautiful. It is a family-oriented area with many activities available. Situated between Durban central and Umhlanga, all amenities and schools are located only minutes away. The area boasts spectacular sea and city views. Although it is centrally and conveniently located, living in Durban North feels very much like living in a small town.

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6000 m² Commercial space in Durban North

R 44 750 000

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