Lot 28

446m² Office For Sale in Musgrave, Durban

125 - 127 Stephen Dlamini Road, Musgrave, Durban ZA
420SQM DOUBLE STORY, HERITAGE, COMMERCIAL PROPERTY IN MUSGRAVE FOR SALE

The property is well located on popular Stephen Dlamini Street, which is the old Essenwood Road, within close proximity to Durban High School and Essenwood Park. The property is also close to the off-ramp onto the N3, above DUT and below Ridge road, with easy access into Durban CBD and Morningside.

Internally the property has been extensively set up for a Lodge. The entire property, consisting of 10 en-suite, airconditioned rooms, has been tiled and fitted with new internal lighting. It also includes a reception area/bar area and a sizeable kitchen. The external facade has been preserved. Parking is accessed through the back of the property with a double garage with drive-in access to the additional parking area.

There is a back office with 3 small separated small rooms, originally designed for a massage salon. There is also a small laundry room and a swimming pool at the back of the property.

This would be a great student accommodation conversion to boost yield or to be used by an existing Bed and Breakfast operator, who is looking at opening a new site in the Musgrave area. Alternatively, the property could be converted into a medium-sized head office.

There is street frontage signage potential with excellent exposure to the passing traffic.
Wednesday
March 17, 2021 5pm SAST
https://auctions.swindon.co.za
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Auction Agent

Mac Khoza
+27 84 572 2858