Stamford hill Road the place to be for factory outlets Durban’s clothing and textiles industry has a long history. It has been and remains a very significant source of employment.
Many of Durban’s textile mills closed when the market was flooded with cheap, imported clothing at the end of apartheid when international trade restrictions were lifted. This reduced the availability of textiles for use in South African clothing manufacturing, which increased the cost of locally made products.
However, there is still a significant amount of textile factories within the greater Durban area servicing local retail chains as well as the international market.
In the last 10 years, the international trend of opening factory outlets by clothing manufacturers has steadily grown. Morningside with its calm roads and colonial touch has won the heart of Durban shoppers.
Trading space in this sought-after precinct is hard to find and therefore In2assets is proud to announce the sale of a 760m2 Building close to the biggest shopping mall within the area.
The well maintained high exposed building allows trading over two floors and is the ideal trading spot for a local or national retailer.
This property is sold via the In2assets Property Auction platform and Virend Deonarain is happy to assist with any enquiries.
Click here for more information https://www.in2assets.co.za/property/3496/commercial-retail-space-auction-kwazulu-natal-ethekwini-metropolitan-municipality-greyville/198
