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

Presenting an exceptional investment opportunity in Red Hill, Durban. This industrial mini-warehouse park is the perfect addition to any property portfolio. With a substantial Gross Lettable Area (GLA) of 9,646 sqm spread across 37 individual units, this property promises solid returns and long-term growth potential.

Key Features:

• ERF Size: 1.7645 hectares, offering ample space for current and future development.
• Gross Lettable Area (GLA): Approximately 9,646 sqm, divided into 37 individual units, each designed to meet the needs of various businesses.
• Designated Parking: Each unit comes with its own designated parking bays, ensuring convenience for tenants and their clients.
• Individual Meters: Every unit is equipped with individual meters, allowing tenants to monitor and manage their utility usage effectively.

Income Potential:

• Current Occupancy: 33 of the 37 units are tenanted, reflecting a strong demand in the area.
• Net Income: The park generates a consistent net monthly income of approximately R660,000, making it a lucrative investment.

Strategic Location:

• Proximity to Transport Routes: Located in Red Hill, the park offers excellent access to major transport routes, facilitating smooth logistics and distribution for tenants.
• Nearby Infrastructure: Close to essential amenities, including supply stores, fuel stations, and eateries, enhancing tenant satisfaction and retention.
• Growth Area: Red Hill is an up-and-coming industrial area, attracting a wide range of businesses due to its strategic location and infrastructure.

Unique Selling Points:

• High Occupancy Rate: With 33 out of 37 units occupied, this property has a proven track record of attracting and retaining tenants.
• Scalability: The large ERF size and existing infrastructure offer opportunities for future development and expansion, further increasing the property’s value.
• Reliable Income Stream: The consistent net income of R660,000 per month ensures a strong return on investment, with potential for further growth.

Call to Action:

Don’t miss out on this prime industrial mini-warehouse park in Red Hill. Contact us today to discuss this exciting investment opportunity and schedule a viewing. Secure your future with this high-income-generating property!