230m² Retail To Let in Durban Central at R208.00 per m²

Dormehl Phalane Musgrave presents a new development in the heart of central Durban, in Commercial Road. This prime space has 17 shops, each fully tiled and with glass panel doors.

When you enter the building, there are two shops on the left still available. These shops are 230m² that have been combined on the ground floor , with stairs leading to the first floor. These shops are road-facing.

Small-to-medium vehicles can be used for delivery, with access from the street through to the inside of the building, which has six ground-floor shops and six first-floor shops in the middle.

These shops have been developed with great attention to detail for all tenants.

Commercial Road is the new ‘West Street’ of Durban with plenty of foot traffic from neighbouring shops and taxi ranks. Easy access to these shops will create a hype and influx of shoppers to boast sales.

China Plaza/Hyper or a big retail outlet such as Value Co will do extremely well here. Branded clothing outlets, such as Rage and Clothing Junction, PEP Cell and Vodacom, as well as hardware shops and small-to-medium furniture stores would also do well to look with this exciting opportunity.

Rentals vary according to shop size. Shops in the middle of the building, on the ground floor, are R10 000 monthly, excluding Vat. First-floor shop rentals are R8000.00 monthly, excluding Vat. Road-facing shop rentals range from R35 000.00 to R48 000.00.

Note that electricity and water is prepaid.

For more information, or to arrange a viewing, please contact Naren or Bashnee.

Property Reference #: DPC125

Agent Details:
Naren Ramkisson
Dormehl Phalane Property Group
10 Hampden Road,
Morningside,
Durban,
4001