Investment & Redevelopment Overview

Positioned in the heart of Florida Road—Durban's premier lifestyle and business destination—this property occupies one of the most sought-after addresses in the city.

Currently anchored by a blue-chip tenant (FNB) with a lease in place until June 2029, the property offers immediate stable income. For the visionary investor, the site offers significant upside with an allowable FAR of 1.2, translating to 1,185m² of additional bulk available for vertical or lateral expansion.

Financial Snapshot

  • Asking Price (excl. VAT) R 32,000,000
  • Current Monthly Rental Revenue (MRR) R 157,916.67
  • Current Net Annual Income R 1,895,000
  • Projected Fully-Let MRR R 252,103.62
  • Projected Fully-Let Annual Income R 3,025,243.40
  • Monthly Property Rates R 48,252.40
  • UIP Florida Road Contribution R 12,434.80

Core Asset Features

Secure Anchor

FNB Leased until June 2029

High Power Supply

3-Phase 400V 100A

Unmatched Parking

58 Bays (Critical Advantage)

Bulk Expansion

1,185 m² Additional Bulk

Strategic Opportunity:

This is more than a property; it's a trophy asset. Whether seeking long-term passive income or a strategic redevelopment site, 267 Florida Road delivers on every level.

Request Info Pack

Confidential lease details, floor plans, and financial snapshot available upon request.

Available Listings

Access exclusive commercial and industrial opportunities via our private partnership.

Urban Corner, Umhlanga
For Sale

Urban Corner, Umhlanga

R 33.0m

Park Way & Twilight Drive, Umhlanga

4,831 m² Land Size
8,213 m² Bulk Size
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Glass House Office Park
To Let

Glass House Office Park

R 185 / m²

Prime Commecial Building, Umhlanga

74.29 m²
3 Parking Bays
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21 Richefond Circle
To Let

21 Richefond Circle

R 185 / m²

Prime Commecial Building, Umhlanga

552.42 m²
28 Parking Bays
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