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850m2 Offices with approximately 600m2 land available for development

R 12,600,000

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15 days ago35 views
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Description
This elegant commercial building offers 850 m² of offices currently configured into 10 individual units, with the flexibility to be reconfigured to suit the needs of new owners or tenants. Situated in the heart of the Berea one of Durban’s most prestigious and highly sought-after commercial nodes, the property benefits from a rare combination of accessibility, visibility, and long-term investment appeal. Elevated on the ridge overlooking the city and coastline, the Berea provides a scenic and strategic setting that continues to draw professional practices, blue-chip businesses, and investors. Just minutes from Durban’s CBD, the area enjoys seamless connectivity via the N3, M4, and Berea Road, and offers convenient access to key economic hubs including the Port of Durban, King Shaka International Airport, and Durban Station. Surrounding areas such as Musgrave, Essenwood, and Overport are home to well-established office parks, medical suites, retail precincts, and mixed-use developments, creating a thriving environment for commercial activity. High-foot-traffic destinations like Musgrave Centre and Avonmore Centre further enhance the appeal for client-facing businesses, healthcare providers, financial institutions, and legal firms. In addition to the existing building, the property also includes land suitable for a new multi-storey development with an approximate 600 m² footprint offering exceptional future expansion or redevelopment potential for medical, retirement or residential development.

Property Reference #: SP-75403

Agent Details:
Stefan Luth
Swindon Property - Durban
2SIX2 2nd Floor, 262 Florida Road, Morningside, Durban, 4001

Id Subtitle 1342430644
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Estimated monthly repaymentR 127,919
Total property loan amountR 12,600,000
Total interestR 18,100,524
Total repaymentR 30,700,524
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Swindon Property - Durban
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