Rare mixed-use asset in Redhill’s industrial hub with dual-access offices and 700 m² warehouse, income-producing upper floor on a five-year lease and rentable cold-room units.
A prime opportunity in the heart of Redhill’s sought-after industrial and commercial precinct. This versatile property is ideal for an owner-occupier seeking offices plus warehouse, or for an investor looking for strong rental income.
Great investment appeal - Upper level leased on long-term 5-year lease, providing stable income. Ground floor vacant – occupy immediately or secure additional tenant. Strong rental upside given location and demand in Redhill
PROPERTY HIGHLIGHTS
GROUND FLOOR: (840 m2)
providing added rental income
UPPER FLOOR: (660m2)
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R12,500,000
Red Hill in Durban North offers a mix of commercial and industrial opportunities, benefiting from its proximity to major transport routes and established residential areas, making it a viable location for various businesses.
* Distances and amenities are approximate.