Warehouse / Factory / Offices For Sale – Redhill

Ref # 2414747 : Red Hill » Durban North » Kwazulu Natal

R 12,500,000

Sold

Richard Shorey

Property Specialist
Tel: 0824904000
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Property Details

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

Property Features

  • Property Type Industrial
  • Parking 4
  • Open Parking 8
  • Building Size 1,500m²
  • Stand Size 3,168m²

Other

  • Three Phase Power
  • Municipal Water
  • Fibre Internet
  • Covered Parking
  • Open Parking

Grade

  • A

Associated Costs

  • Rates & Taxes ± 39679

Location