R 22 500 000
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323 m² Commercial space in Greyville

323 m²

A prime 12-storey mixed-use building in the Durban CBD core, featuring highexposure retail and multi-level light industrial spaces. Highly accessible near major transport hubs.andnbsp andnbsp This subject property is a standout mixed-use commercial development located on Ismail C Meer Street, within the Durban CBD. It provides strong visibility and accessibility, catering to both retail and light industrial demand.andnbsp andnbsp Locality Located near Warwick Triangle and Victoria Street Market. High foot and vehicular traffic. Zoning General Business Central. Permitted for Retail, Office, Residential, and Light Industrial.andnbsp andnbsp andnbsp The property is highly tenanted with a diverse mix of commercial and light industrial users, generating consistent monthly cash flow with a 6 annual escalation.andnbsp andnbsp Forward-looking ROI analysis based on 6 annual income growth and fixed expenses. The property offers significant yield expansion over a 5-year hold period.

CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.

Property details

  • Listing number T5527296
  • Property type Commercial
  • Listing date 22 Jun 2026
  • Floor size 323 m²

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