Industrial Property For Sale in Durban North

Property description

A prime opportunity in the heart of Redhill’s sought-after industrial and commercial precinct. This versatile property is ideal for an owner-occupier seeking offices plus warehouse, or for an investor looking for strong rental income.

Great investment appeal - Upper level leased on long-term 5-year lease, providing stable income. Ground floor vacant – occupy immediately or secure additional tenant. Strong rental upside given location and demand in Redhill


PROPERTY HIGHLIGHTS


• Land extent: 1,368 m²
• Building under roof / GLA: 1,500 m² (excluding yard)
• Ground floor: 840 m² (incl. 700 m² warehouse, 140 m² offices)
• UPPER FLOOR: 660 m² fully let with a stable tenant on a 5-year lease (Aug 2030)
• Dual access: Two separate secure entrances serving upper and lower levels
• Yard & parking: Exclusive secure yard with ample on-site parking
• Utilities: 3-phase 100 Amp power, backup water supply
• Security: Guard building, secure perimeter
• Rates: R39,679 p/m
• Centrally positioned within Redhill industrial/commercial hub
• Close to all major transport routes and freeway access
• On major public transport route for staff convenience


GROUND FLOOR: (840 m²)


• 140 m² office component with reception, 9 offices, large filing/storage room
• Full kitchen, male & female ablutions
• 700 m² warehouse / factory space
• 4 m eaves height, 4 m roller door access
• Secure yard with generous parking and easy truck access
• 2 Fridge units - 14m² and 15m² (4 °C)
• 1 Freezer unit 8m² (-15 °C)
providing added rental income


UPPER FLOOR: (660m2)


• A Grade office space
• Reception area
• Large communal office
• 10 separate offices
• Board room
• Pub and entertainment area
• Exclusive covered staff and visitor parking
• Large storage area