Web Ref No CL530

The building is well located, on Durban's main street, in the heart of Durban's CBD, in close proximity to railway, taxi and bus stations.The property is located within walking distance to the Victoria Street market which is a pick up/drop off point for the Bus Shuttle service doing the Suncoast, ICC, Marine Parade Route.
The property is also only 1,8 kilometres (5 minutes) from the Durban University of Technology (DUT) and 4,7 kilometres (6 minutes) from the UKZN Durban Campus.
The building comprises of a medical centre, clothing retailers, supermarket wholesaler, general dealer, cell phone store and a 36 bedroom hotel/lodge. Deal to be structured to separate assets from land and buildings


CURRENT ROOM CAPACITY
36 rooms - can currently accommodate 90 guests.

EXPANSION OPTIONS

Slabbed roof - can add 30 rooms

FEATURES
- Retail stores are in high demand in the area.
- Prime Advertising space of 20m along Durban's busiest street entering CBD.
- Developed to target middle income earners as a hotel/lodge.
- Hotel door lock access controlled system.
- 16 camera closed circuit with remote access function.
- Ground floor has well designed reception area -recently upgraded
- Laundry area has washing machine.
- Common lounge area that could be converted into dining facilities.
- 37 x colour tv's + 1 x central dstv decoder - connected to all rooms
- cctv cameras 16
- hotel door management system
- signage
- washing machine
- airconditioning in office aree
- Computer and equipment for hotel access control.

SELLING PRICE ON APPLICATION