This property is currently occupied by the popular retailer “Seafood Hyper”. It comprises of the retails section, a processing and cold storage facility incorporating fairly extensive freezer rooms space. The current retail sales and seafood display area, including a small restaurant and take away facility, fronts directly onto Peter Road with internal offices directly above, and customer parking in the front. There is approximately 180 m² of yard area as ample parking space. The property occupies a levelled site set at the corner of Rochdale Road and Peter Road, within Springfield Park. Peter Road is accessed from Inanda Road. The property is located approximately 10 kilometres north of Durban’s Central Business District.
The area surrounding the subject property is one of high demand and has good occupancy levels. The surrounding area comprises predominantly large factories/warehouses, industrial land and industrial sectional title complexes. It forms part of the Durban Northern Corridor, which includes surrounding industrial nodes such as Riverhorse Valley, Springfield Business Park and Briardene. This corridor is connected by the N2 Freeway stretching north from the Umgeni River, as well as by the newly extended Nandi Drive running from Briardene to Riverhorse Valley. The establishment of Riverhorse Valley (Durban’s flagship industrial node) as well as the Nandi Drive extension has been the primary catalytic development in creating the Northern Corridor.
The nearby Umgeni interchange has recently seen a major upgrade, improving access from Inanda Road to the N2 Highway & Umgeni Road. A large labour pool exists in the neighbouring middle to lower income residential nodes.
Viewing: Wednesday 9 June 2021 from 2pm-4pm