R33 750 000 | 2500 m2 @ R13500 per m2
View more unitsFirst time on the market, this well-positioned freestanding office block offers serious flexibility for savvy investors. Comprising four separate buildings arranged around a lush central courtyard, the property is currently 90% let with long-standing tenants in place—delivering strong, stable yields from day one.
Whether you're looking to buy and hold, reposition, or redevelop, this asset opens up a range of possibilities. You could increase the GLA, consolidate into a single-user HQ or call centre, or even explore rezoning for student housing or residential apartments. The site’s layout and location make it highly adaptable, and demand in this part of Morningside remains consistently strong.
If you’re after a dependable income generator with room to grow—this one’s worth a closer look.
Price and financials available on request.
4 buildings with shared courtyard
90% occupancy, strong leases
Solid long-term tenant mix
Redevelopment potential (residential)
Ideal for HQ or call centre
First time on market
Let’s walk the numbers and talk potential—contact us today to arrange a confidential viewing.
This is a rare opportunity to acquire a freestanding commercial asset in the heart of Morningside, Durban—available for the first time on the open market. Comprising four separate office buildings arranged around a lush, landscaped central courtyard, the property offers immediate income stability with 90% occupancy and long-standing tenants in place.
Currently delivering strong and consistent returns, this well-maintained office complex presents a compelling value proposition for investors seeking both dependable yield and future growth. The solid tenant mix and established leases provide a strong foundation, while the site’s flexible configuration opens up a range of strategic options—whether you plan to buy and hold, reposition, or redevelop.
The layout is ideal for consolidation into a single-user headquarters, a contact centre, or a campus-style operation. Alternatively, with increasing demand for residential stock in the Morningside area, investors may explore rezoning potential for student accommodation or sectional title apartments. The generous site footprint also allows for the potential to increase GLA through thoughtful extensions or reconfiguration.
Located in a sought-after commercial precinct with consistently high demand, this asset combines location, flexibility, and income certainty in one of Durban’s most resilient nodes.
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