The property located at 109 Sydney Road boasts an advantageous location within Congella, a prominent industrial area in Durban, South Africa. Sydney Road serves as a vital artery connecting various industrial hubs and providing convenient access to the nearby Port of Durban, one of the busiest ports in Africa. Additionally, the property's proximity to major road networks enhances its accessibility and logistical efficiency, facilitating the transportation of goods and materials.
Congella, situated in the southern part of Durban, is renowned for its concentration of industrial facilities, including manufacturing plants, warehouses, and distribution centers. Its strategic location near the port and major transportation routes makes it an ideal choice for businesses involved in import/export, logistics, and manufacturing industries. The area's infrastructure and connectivity contribute to its attractiveness from an industrial standpoint, offering businesses opportunities for growth and expansion.
The building itself spans 1228m2 on a site area of 1344m2 and features a secure corner site with a concrete yard, providing ample space for storage and manoeuvring of vehicles and equipment. The warehouse space comprises a large double-volume warehouse measuring approximately 428m2, offering generous storage capacity. Additionally, there is a single-volume warehouse covering 400m2, further augmenting the property's storage capabilities.
Complementing the warehouse facilities is an office component spanning 400m2, strategically positioned to overlook the yard, providing a functional workspace for administrative and managerial activities. The property's excellent condition and prime location make it an attractive investment opportunity.
Currently, the property is leased on a monthly basis, generating a gross monthly rental income of R80k, with rates recovered. The flexible month-to-month lease arrangement offers the new buyer the option to retain the current tenant or occupy the premises themselves, providing flexibility and potential for future growth and development.
In summary, the property at 109 Sydney Road offers a compelling proposition for businesses seeking a well-positioned industrial facility in Congella, Durban. With its strategic location, functional layout, and rental income potential, it represents a valuable asset for investors or owner-occupiers looking to capitalize on the opportunities presented by the dynamic industrial landscape of the area.
