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.
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.
Monthly Levy
R4,671.55
Monthly Rates
R20,220.72
Total
R24,892.27
Features
Zoning
Sizes
Listing Info
Point Waterfront, Durban
- Street view
Finance
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Chalupsky Properties website is accurate and up to date, Chalupsky Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
