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Well Positioned Commercial Offices in Durban: Potential Residential Conversion
LocationSummary
SituationThe subject property, known as North Ridge Road (LexisNexis), is located in a predominantly hilly area of Morningside, north of Durban CBD. There is easy access onto the M19, R102, M17, N2 and N3 highways. It is approximately 6km north of Durban CBD, 15km south of Umhlanga and 30km south of King Shaka International Airport. Morningside, which forms part of the greater Durban node, is mainly characterised as a residential area with small pockets of commercial and industrial nodes, occupying the North Beach development area. The subject property is in close walking distance to the Durban International Convention Centre, and the Sahara Kingsmead Stadium. DescriptionThe property is a 4-storey square shaped commercial building comprising of a ground floor reception area with ground floor parking area behind the receptionist area, lower ground floor parking bays, four floors of office space and a canteen located on top of the flat waterproofed concrete roof. The construction is framework with plastered and painted brick and mortar exterior façade, interior brick wall is plastered and painted. Windows are aluminium casements with glazed glass. Internally the property is improved with a combination of plasterboard and suspended acoustic panelling with LED lighting. The ground floor reception area floor is covered with smooth power floating concrete, while flooring at first to third floors are a combination of fabric carpeting along the open plan office space and ceramic floor tiles along the passageway. Offices are constructed out of dry-wall partitioning with wall mounted console units and split units provide an active environmental climate control within the building. There is one elevator in the building centrally located offering access to all three levels of the office space, and lower ground floor. Ablutions are centrally located, improved with floor to wall ceramic tiles, under suspended ceiling boards with LED lighting. Each floor offers two pause areas complete with built-in cupboards, wooden flooring, and aluminium enclosed siting areas. The second floor houses a library. The building is secured by means of closed-circuit television (CCTV) camera systems and bio-metric finger card readers. The property offers oceanic view from the top roof/canteen structure, and a view of the Peter Mokaba Stadium. The property lends itself to a residential conversion. Contacts
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