Mini Factory Investment Southgate Industrial Park, Unit 6 Chettpark, 23 Beechgate Crescent, Umbogintwini/Amanzimtoti
Unit 6 Chettpark Southgate Industrial Park: ± 293 m² | Lease until June 2018 | Annual rental ± R514 800 | Triple net lease
Umbogintwini, KwaZulu Natal
This ± 293 m² mini-factory industrial unit is situated in the secure Southgate Industrial Park near Umbogintwini South of Durban. The unit is 1 of 7 mini-factories in the sectional title scheme known as Chettpark. The property has roller shutter access from 2 sides and currently has a mezzanine throughout, doubling the lettable floor area. The unit is currently tenanted and presents an excellent investment opportunity in a sought after node. The current lease runs until June 2018 and the tenant has an option to renew for a further 3 years. Southgate Industrial Park provides a secure environment with access control and 24 hour security. The area is home to a number of large international companies including Hyndai, Volvo & Toyota. The property will be for sale by auction on 6 December 2016.
