Durban Landmark Building For Sale
This iconic Durban Landmark building, the former Victoria Bar, located at the entrance to the Durban Point Waterfront precinct consists of a double storey restored commercial building. The building which is of historical significance and is a listed building has a ground floor of 247m/sq and a First Floor of 229m/sq. The internals are white box shells which allows a potential purchaser the freedom to design the interior to their requirements. Each floor has a set of ablution facilities.
On the Shepstone Road frontage there is an additional building on the ground floor with an extent of 382m/sq. This building, we believe is not listed and thus could be demolished. This building has also not been refurbished.
There is a small yard fenced in on the Shepstone Road frontage.
Both building have recently had the rooves replaced.
The property / land is leasehold; thus, a lease is in place with eThekwini Municipality for a period of 25 years with a rental being due to eThekwini Municipality at an approximate rate of R 10 000,00 / month (Excl. VAT).
On the Shepstone Road frontage there is an additional building on the ground floor with an extent of 382m/sq. This building, we believe is not listed and thus could be demolished. This building has also not been refurbished.
There is a small yard fenced in on the Shepstone Road frontage.
Both building have recently had the rooves replaced.
The property / land is leasehold; thus, a lease is in place with eThekwini Municipality for a period of 25 years with a rental being due to eThekwini Municipality at an approximate rate of R 10 000,00 / month (Excl. VAT).
Monthly Levy
R10,000
Monthly Rates
R7,330.75
Total
R17,330.75
Features
Zoning
Sizes
Listing Info
Point Waterfront, Durban
- Street map
- 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.
