On Auction 22 November 2023 - Manning Mansions - Heritage Gem
This mixed use property is situated on a corner stand along King Dinuzulu Road also known as Berea Road which is on the periphery of Durban CBD and across the N3 Highway from Musgrave. It boasts a beautiful heritage façade, preserving the historical charm of the area which offers plenty amenities in close proximity. There is a newly developed gym across the road, an Engen garage next door as well as the Musgrave Shopping Centre across the highway. This location offers prime exposure and signage opportunities, making this an ideal choice for retailers and residential tenants.
A key advantage for this site its ease of accessibility as it conveniently located within close proximity to major arterial road networks such as Berea Road, Musgrave Road and the N3 Highway. There are numerous retail offerings in the area, with the main attraction being Musgrave Centre. There is also a local SPAR offering down the road. In addition to this, residential tenants would be within close proximity to a number of Durban’s educational institutions; mainly the Durban University of Technology and the University of KwaZulu Natal. Furthermore, there is a host of hospital and medical facilities within close proximity; namely, Life Entabeni Hospital, Netcare St. Augustine’s Hospital, to name a few.
The building itself is double storey in nature and was thoughtfully designed and converted over the years to accommodate retail offerings on ground floor with residential units on the upper and ground floors. Initially the property consisted of 6 x 2bedroom apartments: 2 x Bachelor apartments and 2 x Retail Shops. The layout has changed over the years as the owners amended the configuration to suit various types of demand, such as student accommodation, in the past.