2 Industrial Warehouses, 80 Rinaldo Road, Glen Anil
2 Units available measuring ± 294m² each | Well located | 2 Back-to-back units which can be combined | Investment or end-use options
The property is ideally accessed from Rinaldo Road, which is accessed by North Coast Road and Moreland Drive. The property is located within the industrial area of Redhill in the Durban North precinct. This industrial zone is bisected by the N2 National Freeway.
The Redhill industrial zone is well-established with light to medium industrial property, most of a modern design and quality finishes. It is predominantly made up of large warehouse and distribution facilities.
The property enjoys access to all major roads and is a short distance away from the N2 freeway off-ramp. The suburb of Redhill falls under Durban North and has established its own elite industrial area that houses some of the major South African manufacturing brands and logistic companies. The surrounding area is one of high demand and has good occupancy levels.
Redhill forms part of the northern corridor, which includes surrounding industrial nodes such as Sea Cow Lake, Briardene, Riverhorse Valley and Springfield Park. The corridor is connected by the N2 freeeway stretching north from the Umgeni River, as well as the newly extended Nandi Drive from Briardene to Riverhorse Valley.The surrounding area is one of high demand and has good occupancy levels.
The subject properties form part of a large investment portfolio disposal sale which include 18 properties in KZN and 4 JHB properties.
There are 2 mini units located within the complex which form part of the sale. The units are back-2-back units and are both exactly 249m2.
The units are externally the same and comprise similar features however there are some internal variations between them. Some common features include, one roller shutter door; one separate pedestrian door; ground floor ablutions (which include a shower, a change room, and a toilet);a kitchenette; and a concrete mezzanine (which includes an open plan office and a toilet).
Unit 9 – this unit has a wooden mezzanine included into the property, this mezzanine has a training room and a showroom incorporated. The ground floor has a large reception area with an open plan office section. There is also an additional storeroom that leads into the warehouse and access into the open plan office and reception area.
Unit 10 – This unit has a more standard structure. The unit has an additional storeroom/office on the warehouse floor.
For information on current lease terms please contact me to discuss in more detail.