Commercial space in South Beach

An exceptional opportunity to acquire a multi-unit building with apartments and penthouse residences, positioned in one of Durbans most active and high-demand coastal nodes. This asset offers strong versatility, income potential, and future upside thanks to its business, commercial, and residential zoning.

The building lends itself perfectly to multiple high-yield strategies, including:

Student accommodation

Budget or boutique hotel

Short-term holiday letting Airbnb

Corporate offices or mixed-use conversion

Set within the vibrant South Beach beachfront precinct, the property benefits from consistent foot traffic, tourism appeal, and easy connectivity.

andnbspIt enjoys direct access to major transport routes, public transport links, and arterial roads, making it highly accessible for residents, guests, staff, and business users alike.

The surrounding area is high-density with proven rental demand, driven by holidaymakers, students, professionals, and long-term tenants seeking coastal convenience. With the beachfront, promenade, retail, entertainment, and business hubs nearby, occupancy levels remain strong across short- and long-term rental markets.

This is a rare chance to secure a strategic, future income-generating building with the flexibility to reposition, refurbish, or redevelop to maximise returns in one of Durbans most established tourism and residential zones.

Asking Price: R18,950,000

Ideal for investors, developers, hospitality groups, or portfolio builders looking for scale, zoning flexibility, and coastal demand in one acquisition. Sold with all furnishings and appliances.andnbsp

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