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High Exposure Industrial Investment Property

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Combined Extent: +/- 4 359 sqm | GLA: +/- 7 794 sqm | Multiple tenants | Zoning: General IndustryThis high visibility property boasts a strategically advantageous location, minutes from the Port, on a major route with high volumes of passing traffic, and with ample parking provided within the property. Given the shortage of lettable warehousing in close proximity to the Port, the location and functional space of this property is highly desirable and would be ideal for freight, logistics, shipping companies, or alternatively a warehouse/manufacturing facility with a retail component such as a factory shop. This unique property offers the following key features.Locality: The properties enjoy a prominent position and high visibility on a corner site at a busy intersection, bound by Che Guevara (Moore) Road, Sydney Road (R102), as well as Mutual Lane. Located within the suburb known as Congella Industrial, which is situated Southwest of the Durban CBD, these properties are a stone throw away from the Durban Port, which makes it a strategic location for any logistics or freight company that requires proximity to the Port to effectively manage costs.Access: The properties can be accessed directly off Sydney Road, which is a one-way traffic carrying route running in a southerly direction. Sydney Road is the main arterial road that carries traffic towards the south and connects to Edwin Swales V C Drive (M7). Che Guevara Road is a wide one-way busy arterial carrying traffic from the M4 southern freeway off ramp/ harbour area and the CBD, westward to Berea. Alternate vehicular access is off Mutual Lane and pedestrian access are off Moore Road. Overall, the properties enjoy easy linkages to the M4 freeway, Victoria Embankment, Port of Durban and N3.Improvements: The corner multi-tenanted property presents a lucrative investment opportunity with a GLA of ±7 794 m² which comprises of attached buildings set over 4 erven with a combined extent of 4 359 m². The buildings front onto Sydney Road, Mutual Lane and Leo Boyd Highway, accessed from Che Guevara Road. The property enjoys various off-street vehicle as well as pedestrian access points and a secure roller shutter access ramp from Sydney Road into the property with upper-level roof parking accommodating ± 49 parking bays, and providing access to further industrial space on the 3rd level. The improvements are part 2-storey industrial structures and a 3rd level comprising of industrial space accessed from the upper parking area. The building construction comprises of a concrete-framed frame with brick infill panels, metal or wooden window frames and covered by a pitched roof or flat concrete roof. The property has 3-phase power supply.Surrounding Environment: The area surrounding the properties is one of high demand and has good occupancy levels. It is predominantly made up of large warehousing and distribution facilities. Congella Industrial is bound by the residential node of Glenwood and indus...Property Reference #: CL2039Agent Details:Muhammad AliIn2Assets Property SolutionsSuite 5035th FloorStrauss Daly Place41 Richefond CircleRidgeside Office ParkUmhlanga Rid

1mo

In2Assets Property Solutions

South Beach