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One of Durban's Famous Social Hubs is up for SALE as an Investment Opportunity.

Ref # 2121842
Property Details

This is a fantastic opportunity to acquire one of Morningside's most sought after landmarks!

This property presents a unique Investment Opportunity.

If you've lived in or visited Durban, it's likely that you have visited 40 Gladys Mazibuko Road - whether it be dining out at at the fantastic restaurants, grabbing a coffee, or shopping at one of the trendy designer stores which tenant the building. This presents itself as an ideal investment opportunity.


Monthly Income: R69,811.26 Ex VAT

Monthly Expenses: R14,675.00 Ex VAT

Net Annual Income: R661,635 Ex VAT

Potential additional income of R54,000 p.a.


- 608m2 Extent / 367m² GLA

- Street facing shop fronts

- Large courtyard +/-200m²

- Shops facing into courtyard

- 2 restaurants (both tenanted)

- Situated right in the middle of busy Morningside office district

Contact us to view or for additional information

Property Features
Property Type
Floor Size
Land Size
Costs and Terms
Available From
15 Mar 2023
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Essenwood, Durban view
About Essenwood
Essenwood, elegantly spread amidst Durban's lush coastal contours, exudes a blend of historical elegance and contemporary allure.
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