Apartment for sale
Vibrant city-living investment on Smith Street with immediate access to DUT and UKZN; ideal for student housing conversion, ground-floor retail/ABSA ATM and 81-car parking floors.
Durban CBD 23 Storey Building For Sale
This prominent 23-storey structure is situated on Smith Street right in the heart of the Durban Central Business District (CBD). The building features an impressive 17 floors dedicated to commercial or residential space, offering a massive 10,601 square meters of potential. The property includes six dedicated parking floors, accommodating up to 81 vehicles. The ground floor of the property's utility features stores and an ABSA ATM.
The building's location on Smith Street and the standout benefit of this property is its immediate proximity to major educational institutions, specifically the Durban University of Technology (D.U.T) and the University of KwaZulu-Natal and close access to restaurants, the navy and shops, combined with the building's available space, creates a significant opportunity to convert the property into much-needed student accommodation. This building itself presents a lucrative investment opportunity, perfectly positioned to meet the rising demand for housing among residents and students in the area.
Listed for sale at R55,000,000
Wide price range across Durban
Prices vary widely across Durban, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Durban.
Price comparison based on 6 similar-sized homes (wider size range).
Market depth
6 similar homes
7 listings across Durban
Low inventory
Active across Durban
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Durban Central offers a vibrant, fast-paced urban lifestyle characterized by its rich architectural heritage, proximity to the Indian Ocean coastline, and convenient access to the city's primary business and cultural hubs.
