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Unique Mixed-Use Commercial Opportunity
LocationSummary
SituationThe subject property is located within the Durban CBD on Monty Naicker Road. Durban is the largest city in KwaZulu-Natal and is home to the busiest port in Africa. Due to its close proximity to the port, the Durban CBD is still favoured among shipping companies. Durban is also a major tourist destination due to its subtropical climate and extensive beaches. In recent years Durban’s business hub has moved from the CBD to decentralised nodes like Westville and Umhlanga. There has been a variety of refurbishments of older buildings in the city centre, with several buildings being converted into residential flats. DescriptionThe property mainly comprises 7 parking levels, of which 3 floors offer unreserved parking while the balance is reserved for monthly parking tenants. The ground floor comprises a retail centre measuring 2,713.45 m², it is currently 72% occupied. The building has two bridge links over Monty Naicker Street; one connects the parking garage to 320 Dr Pixley Kaseme (West) Street known as Redefine Towers and the other connects to 88 Field Street. The parking garage has 3 lifts servicing the East, West and Central Wing. Contacts
See website for full details : https://www.cbre-x.online
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