- 323 m2
Monthly Costs
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Property description
A prime 12-storey mixed-use building in the Durban CBD core, featuring highexposure retail and multi-level light industrial spaces. Highly accessible near major transport hubs.
This subject property is a standout mixed-use commercial development located on Ismail C Meer Street, within the Durban CBD. It provides strong visibility and accessibility, catering to both retail and light industrial demand.
Locality Located near Warwick Triangle and Victoria Street Market. High foot and vehicular traffic. Zoning General Business (Central). Permitted for Retail, Office, Residential, and Light Industrial.
The property is highly tenanted with a diverse mix of commercial and light industrial users, generating consistent monthly cash flow with a 6% annual escalation.
Forward-looking ROI analysis based on 6% annual income growth and fixed expenses. The property offers significant yield expansion over a 5-year hold period.
Property Details
Property Features
| Floor Area | 323 m2 |
Contact the Agent
Caleb Churman
Full Status Property Practitioner
