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PORTFOLIO DISPOSAL: Prominent Double-Storey Retail Property In Durban CBD
Thu, 19 November 2026 at 11:00

PORTFOLIO DISPOSAL: Prominent Double-Storey Retail Property In Durban CBD

494 Dr Pixley Kaseme (West) Street, Durban CBD, Durban, Durban, KwaZulu-Natal
Est. opening bidEst. for members
Market price · profitMembers only
Site Extent: ± 253 m² | Total GLA: ± 500 m² | Retail frontage onto West Street | Positioned within an established retail and wholesale trading precinct | Exposure to pedestrian and vehicular traffic | Suitable for retail, wholesale and supporting commercial uses The property comprises a double-storey commercial building situated at 494 Dr Pixley KaSeme Street, formerly West Street, within Durban CBD. Occupying a site of approximately 253 m², the building provides a total gross lettable area of approximately 500 m² across two levels. The ground floor offers direct street-facing retail exposure, with additional space on the upper floor. The building forms part of an established row of retail properties serving the surrounding market. Its façade provides a recognisable street presence, while the two-level configuration offers scope for complementary trading and supporting uses. ACCESSIBILITY The property is accessed directly from Dr Pixley KaSeme Street, providing convenient pedestrian access from the pavement. Its central position places it within the surrounding public transport and CBD road network. Nearby routes include Anton Lembede Street and the M4, providing connections to the wider Durban area. SURROUNDING AREA The surrounding area comprises a concentration of retail shops, wholesale traders, food outlets, service businesses and commercial buildings. This established trading environment serves shoppers, workers and commuters moving through the CBD. Nearby amenities include the Workshop Shopping Centre, while Durban Harbour and the Victoria Embankment are situated to the south. POTENTIAL USES The property is suited to retail and wholesale trading, with the upper floor offering potential for supporting storage, administrative offices or additional commercial accommodation, subject to its configuration and any necessary approvals. The double-storey layout could accommodate a business requiring both street-facing trading space and supporting accommodation within the same building. BRANDING EXPOSURE The street-facing façade provides signage and branding opportunities along an established CBD commercial corridor. Ground-floor frontage offers visibility to passing pedestrians and motorists, while the upper façade provides further scope for business identification, subject to applicable signage requirements. LOCATION 494 Dr Pixley KaSeme Street is situated within Durban’s established inner-city retail and wholesale precinct. Its position combines direct street frontage, access to public transport and proximity to surrounding shops and commercial services. The property presents an opportunity for investors or businesses seeking a double-storey commercial building within an established Durban CBD trading location.See this lot on In2Assets — photos, legal pack and registration →

The property

Type
Commercial
Extent
253 m²

The sale

Auction house
In2Assets
Format
Live auction
Venue
Mount Edgecombe Country Club

Market price & sales history

What is it worth?Members see the similar-size properties for sale in Durban, the market price they give this one, the profit at the est. opening bid, and the area’s Deeds Office sales by year.
Lot details are taken from In2Assets’s website and change often; sales may be postponed, withdrawn or sold beforehand. Confirm with the auction house and read its conditions of sale before you bid. Market prices are estimates from asking prices of similar properties for sale.