This property offers the market with a rare opportunity, in an area where demand exceeds supply. Over the years, the Springfield Park Industrial precinct has seen growth due to the mid-way position of the King International Airport and the Port.

The property comprises of an industrial facility that consists of 10 Mini Factories, each accessed via a roller shutter door. Height within each mini factory various and ranges from ± 4.5m to ± 9.5m however majority of the mini factories having a height of over ± 7m. The property is fully tenanted with tenants on a month to month basis. Further to the above, there is ample municipal yard area and parking area in front of each mini factory which could be beneficial to a buyer.

The property is positioned alongside the N2 Freeway with phenomenal exposure. There is a wide span wall of the property that is exposed to the N2 which will be ideal for branding or even as an additional income generator for branding purposes.

The property occupies a site above road level within the Springfield Park Industrial node. It has two access driveways, one from Peter Close and the other from Springdale Close, both which are accessed from Peter Road which in turn links to Inanda Road. The property is located approximately ±10 kilometres north of Durban’s Central Business District.

The area surrounding the 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), the Nandi Drive as well as the Umgeni Business Park extension has been the primary catalytic developments in creating the Northern Corridor.

The nearby Umgeni interchange has been upgraded and Inanda Road currently being upgraded, which will improve access to the N2 Highway & Umgeni Road.
A large labour pool exists in the neighbouring middle to lower income residential nodes.