9,426m² Building For Sale in Durban Central
POA
Web Ref
CL1124
PRIME COMMERCIAL HIGH-RISE BUILDING FOR SALE IN DURBAN CBD
PRIME COMMERCIAL HIGH-RISE BUILDING FOR SALE IN DURBAN CBD
Located in the CBD of Durban's most sought-after street, this 17-story high-rise is an exceptional investment opportunity with strong foot traffic and excellent visibility. The building offers significant potential for restoration or conversion, making it ideal for a range of uses, including student accommodation, offices, or permanent residential units.
Key Features:
Ground Floor: 1,175.56 sqm with 3 large retail shops. 1 x retail store currently leased out.
Perfect for retail businesses.
Floors 1-17: Total area of 9,426 sqm, featuring spacious layouts, with five large lifts
servicing every floor and opening into a central foyer on every floor that
extends into both left and right wings.
Parking: A 6-floor undercover parking structure with 81 bays and direct lift access to the
main building.
Total Lettable Area: 10,601.56 sqm across the entire building.
Amenities: Each floor is equipped with a kitchen, male and female restrooms, providing
convenience for tenants, employees or visitors.
This iconic property is ideally positioned close to key educational institutions such as DUT, UKZN, City Campus, and UNISA, while being in close proximity to Durban's main beaches, Sun Coast Casino, and key transport routes (bus and taxi). The building can be rezoned for various applications, making it adaptable to multiple investment needs. Rezoning would be for the purchaser’s responsibility, except if the purchaser wishes to restore the former office.
Don’t miss out on this prime income-generating opportunity. Call today for a personal viewing and make your offer!
Located in the CBD of Durban's most sought-after street, this 17-story high-rise is an exceptional investment opportunity with strong foot traffic and excellent visibility. The building offers significant potential for restoration or conversion, making it ideal for a range of uses, including student accommodation, offices, or permanent residential units.
Key Features:
Ground Floor: 1,175.56 sqm with 3 large retail shops. 1 x retail store currently leased out.
Perfect for retail businesses.
Floors 1-17: Total area of 9,426 sqm, featuring spacious layouts, with five large lifts
servicing every floor and opening into a central foyer on every floor that
extends into both left and right wings.
Parking: A 6-floor undercover parking structure with 81 bays and direct lift access to the
main building.
Total Lettable Area: 10,601.56 sqm across the entire building.
Amenities: Each floor is equipped with a kitchen, male and female restrooms, providing
convenience for tenants, employees or visitors.
This iconic property is ideally positioned close to key educational institutions such as DUT, UKZN, City Campus, and UNISA, while being in close proximity to Durban's main beaches, Sun Coast Casino, and key transport routes (bus and taxi). The building can be rezoned for various applications, making it adaptable to multiple investment needs. Rezoning would be for the purchaser’s responsibility, except if the purchaser wishes to restore the former office.
Don’t miss out on this prime income-generating opportunity. Call today for a personal viewing and make your offer!
Features
Building Name
Escoval House
Zoning
Commercial
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Parking Bays
Covered Parkings
81
Sizes
Floor Size
9,426m²
Land Size
10,601.56m²
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10 Things to do Before You Sell Your House
Before putting your home on the market, prep your property to ensure you are showing it in it's best possible light.
Aneera Barrie
Full Status PPRE Registered with PPRA(FFC 1144530)
Cell 0826725000
Office 031 942 2999
