FEATURES:
• Well-positioned industrial warehouse offering a gross lettable area of approximately 1,472m² on a site extent of 1,695m².
• Excellent internal height, providing practical versatility for warehousing, storage and industrial operations.
• Equipped with a 7-ton gantry crane, ideal for operations involving the lifting and handling of heavy machinery, equipment and materials.
• Currently tenanted until February 2027, generating a monthly rental income of R119,069 excluding VAT, offering an established income stream for investors.
• A functional industrial property combining operational convenience with future owner-occupier or investment potential.
ACCESSIBILITY
• Conveniently situated in Briardene, with access to North Coast Road and the surrounding industrial and commercial transport network.
• Well positioned for the movement of goods, delivery vehicles and commercial transport operators.
• Its location supports connectivity to key northern Durban business nodes and established industrial areas.
SURROUNDING AREA
• Located within Briardene, an established industrial and commercial precinct serving a diverse range of industrial, warehousing and distribution businesses.
• Surrounded by industrial properties and business operations, creating a suitable environment for companies requiring accessible and strategically positioned premises.
• The surrounding commercial activity enhances the property's appeal to investors and businesses seeking a presence within Durban's industrial market.
POTENTIAL USES
• Warehousing, storage and distribution.
• Light to medium industrial manufacturing and processing, subject to applicable approvals.
• Engineering, fabrication and machinery-related operations.
• Heavy equipment handling and industrial workshops, benefiting from the 7-ton gantry crane.
• Logistics, supply-chain and trade-related businesses.
• An attractive investment opportunity for purchasers seeking rental income, with potential for future owner-occupation following the existing tenancy's expiry in February 2027, subject to the lease terms.
LOCATION
• Positioned at 22 Stanhope Place, Briardene, within an established Durban industrial node.
• Benefits from proximity to North Coast Road, a key arterial route connecting businesses to surrounding commercial and industrial precincts.
• Offers a strategic base for industrial operators seeking accessibility, functional warehouse space and proximity to Durban's broader business network.
BRANDING EXPOSURE
• Benefits from good exposure from North Coast Road, enhancing the property's visibility to passing motorists and business traffic.
• Provides an opportunity for prominent company signage and corporate identification, subject to applicable permissions and signage regulations.
• Its position within a recognised industrial precinct offers businesses the potential to strengthen their operational presence and brand visibility in the Durban market.