R8,000,000
R8,000,000
R4,671.6 Excl. VAT
R20,220.7 Excl. VAT
Redevelopment Opportunity For Sale Durban Point Waterfront
The property located on the Point Waterfront of Durban consists of two registered properties located adjacent to each other.
The Mahatma Gandhi located property consists of an existing two storey building that is not in a good condition. The approximate gross lettable area of this building is 745m/sq. The building is over 60 years old and is of a historical nature with restrictions on demolishing the facades.
The property to the rear of the building located on Southampton Street is a vacant piece of land measuring 366m/sq
A redevelopment / new development scheme has been investigated extensively through the Architects, Emmett Architects with the ground & 1st floors being commercial and another approximately 15 floors of residential apartments being allowable.
The restoration of the existing building has also been investigated. See attached Architects conceptual designs.
Features
Exterior
Sizes
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