Warehouse Space Constantia Park, 1415 Chris Hani Road, Red Hill

An exceptional investment opportunity awaits you in the industrial heart of Durban – this high-income generating mini-warehouse park in Red Hill is perfect for any investor looking to expand their property portfolio or secure a reliable, long-term income stream. Situated on a substantial 1.7645-hectare erf, this well-maintained industrial park boasts a Gross Lettable Area (GLA) of approximately 9,646 sqm, divided into 37 individual units. Offering a unique blend of stability, growth potential, and scalability, this property is ideal for businesses in logistics, distribution, warehousing, and light industrial sectors.

Key Features:

• ERF Size: 1.7645 hectares – a vast space offering room for expansion and development opportunities.
• Gross Lettable Area (GLA): 9,646 sqm, spread across 37 modern industrial units, catering to a variety of business needs.
• Individual Units: Each of the 37 units is designed for flexibility, with sizes that can accommodate small and medium-sized businesses.
• Designated Parking: Ample parking bays are allocated to each unit, providing ease of access for both tenants and their clients.
• Utility Management: All units come with individual meters, enabling tenants to effectively manage and control their utility usage.

Income Potential:

• Occupancy Rate: 33 out of the 37 units are currently tenanted, indicating strong demand for industrial space in the area.
• Net Income: A consistent and reliable monthly net income of approximately R660,000, ensuring a solid return on investment and cash flow.
• Growth Opportunities: The property offers significant potential for rental growth as the surrounding area develops further, positioning it as an attractive long-term investment.

Strategic Location:

• Prime Access to Transport Routes: Situated in Red Hill, the property benefits from excellent access to major highways and transport networks, facilitating smooth logistics and distribution operations.
• Proximity to Key Amenities: Close to essential services, including supply stores, fuel stations, and eateries, enhancing convenience and satisfaction for tenants.
• Emerging Industrial Hub: Red Hill is an up-and-coming industrial area, attracting a range of businesses thanks to its strategic location and expanding infrastructure.

Unique Selling Points:

• Proven High Occupancy: With 33 of 37 units currently leased, this property demonstrates a strong demand for industrial units in the area, ensuring consistent rental income.
• Scalable and Flexible: The expansive erf size and robust infrastructure offer significant opportunities for future development, allowing for increased income potential and capital growth.
• Reliable and Steady Income Stream: The current net income of R660,000 per month offers a dependable and lucrative return, with room for potential rent increases and portfolio expansion.

Don’t Miss Out on This Exceptional Opportunity!

Whether you are looking to diversify your portfolio or seeking a profitable long-term investment, this industrial mini-warehouse park in Red Hill represents a rare and valuable opportunity. With high occupancy, steady income, and substantial growth potential, this property is an attractive choice for investors and businesses alike.

Act Now! Contact us today to arrange a viewing and explore the potential of this prime industrial property. Secure your future with this highly profitable investment – call now to discuss how this opportunity can work for you!