Prime Durban CBD Investment Opportunity – High-Rise Commercial Building with Exceptional Conversion
Prime Durban CBD Investment Opportunity – High-Rise Commercial Building with Exceptional Conversion Potential
Unlock the Potential of a Landmark CBD Asset
Positioned in the heart of Durban's bustling Central Business District on Smith Street, this impressive 17-storey commercial building presents an outstanding opportunity for investors, developers, and property funds seeking a high-yield asset with multiple income streams and significant value-add potential.
With over 17,154 m² of lettable space, ample on-site parking, established retail tenants, and additional telecommunications rental income, this property is perfectly suited for continued commercial use or a strategic conversion into student accommodation or mixed-use residential apartments.
Property Highlights
17-storey landmark building in a prime Durban CBD location.
17,154 m² of lettable office and retail space.
Six dedicated parking levels accommodating approximately 80–81 vehicles.
Ground-floor retail tenants generating foot traffic and enhancing visibility.
Existing ABSA ATM providing added convenience for tenants and visitors.
Rooftop Telkom and Vodacom telecommunications towers, delivering additional rental income.
Excellent exposure along one of Durban CBD's busiest streets.
Exceptional Redevelopment Potential
One of this property's greatest strengths is its location within easy reach of major tertiary institutions, including the Durban University of Technology (DUT) and nearby universities and colleges.
The growing demand for quality student accommodation in Durban CBD creates an exceptional opportunity to convert the building into modern student residences, co-living spaces, or a mixed-use development combining residential, retail, and commercial uses.
This redevelopment potential offers investors the opportunity to unlock substantial long-term returns while addressing the increasing demand for centrally located accommodation.
Established Income Streams
The property already benefits from diversified revenue sources, including:
Commercial office rentals
Ground-floor retail tenants
Parking income
Telecommunications tower lease income from Telkom and Vodacom
These existing income streams provide a strong foundation while future redevelopment plans are explored.
Prime CBD Location
Situated in one of Durban's busiest commercial precincts, the property enjoys:
High pedestrian and vehicle traffic
Excellent public transport accessibility
Close proximity to universities, government offices, banks, and retail amenities
Strong visibility for commercial tenants
Convenient access to major transport routes
An Investment with Unlimited Possibilities
Whether your vision is to retain the property as a commercial investment, reposition it into premium student accommodation, develop residential apartments, or create a vibrant mixed-use destination, this building offers the scale, location, and infrastructure to deliver exceptional returns.
Enquire Today
Rare opportunities of this size and strategic location seldom become available.
Contact us today to arrange a private viewing, request the full investment information pack, and discover how this exceptional Durban CBD property can become your next high-performing investment.
Unlock the Potential of a Landmark CBD Asset
Positioned in the heart of Durban's bustling Central Business District on Smith Street, this impressive 17-storey commercial building presents an outstanding opportunity for investors, developers, and property funds seeking a high-yield asset with multiple income streams and significant value-add potential.
With over 17,154 m² of lettable space, ample on-site parking, established retail tenants, and additional telecommunications rental income, this property is perfectly suited for continued commercial use or a strategic conversion into student accommodation or mixed-use residential apartments.
Property Highlights
17-storey landmark building in a prime Durban CBD location.
17,154 m² of lettable office and retail space.
Six dedicated parking levels accommodating approximately 80–81 vehicles.
Ground-floor retail tenants generating foot traffic and enhancing visibility.
Existing ABSA ATM providing added convenience for tenants and visitors.
Rooftop Telkom and Vodacom telecommunications towers, delivering additional rental income.
Excellent exposure along one of Durban CBD's busiest streets.
Exceptional Redevelopment Potential
One of this property's greatest strengths is its location within easy reach of major tertiary institutions, including the Durban University of Technology (DUT) and nearby universities and colleges.
The growing demand for quality student accommodation in Durban CBD creates an exceptional opportunity to convert the building into modern student residences, co-living spaces, or a mixed-use development combining residential, retail, and commercial uses.
This redevelopment potential offers investors the opportunity to unlock substantial long-term returns while addressing the increasing demand for centrally located accommodation.
Established Income Streams
The property already benefits from diversified revenue sources, including:
Commercial office rentals
Ground-floor retail tenants
Parking income
Telecommunications tower lease income from Telkom and Vodacom
These existing income streams provide a strong foundation while future redevelopment plans are explored.
Prime CBD Location
Situated in one of Durban's busiest commercial precincts, the property enjoys:
High pedestrian and vehicle traffic
Excellent public transport accessibility
Close proximity to universities, government offices, banks, and retail amenities
Strong visibility for commercial tenants
Convenient access to major transport routes
An Investment with Unlimited Possibilities
Whether your vision is to retain the property as a commercial investment, reposition it into premium student accommodation, develop residential apartments, or create a vibrant mixed-use destination, this building offers the scale, location, and infrastructure to deliver exceptional returns.
Enquire Today
Rare opportunities of this size and strategic location seldom become available.
Contact us today to arrange a private viewing, request the full investment information pack, and discover how this exceptional Durban CBD property can become your next high-performing investment.
Monthly Rates
R107,000
Features
Zoning
Exterior
Sizes
Parking Bays
Listing Info
Durban Central, Durban
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Acutts Real Estate website is accurate and up to date, Acutts Real Estate 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.
