Property features

Available
Min Term
R 21 000

Property Details

**Prime Industrial Space Available for Lease in Sought-After Location** Discover an exceptional opportunity to position your business in a prime industrial space, offering a total area of approximately 336 sqm. This versatile property is strategically divided between a ground floor measuring approximately 237 sqm and a mezzanine floor of about 99 sqm, providing ample room for a range of operational needs. **Competitive Rental Terms** This property is available for rent at an attractive rate of R 21,000.00 per month, excluding VAT, with room for negotiation. A security deposit equivalent to two months' rent, inclusive of VAT, is required, ensuring peace of mind for both parties. **Utilities and Amenities** Electricity is supplied at 100 AMP, with the option to upgrade to 150 AMP to suit your business requirements. Utilities, including electricity and water, are billed monthly as per respective statements from EThekwini and the Body Corporate, with an electricity and water deposit set at R 12,500.00 excluding VAT. The property offers exclusive parking with four bays directly in front of the factory, supplemented by two additional customer parking bays opposite the factory on the bank side. Up to four remote controls are available at a cost of R 350.00 each, excluding VAT. **Lease Flexibility and Terms** Occupancy details are to be announced, providing flexibility for planning your move. The lease period is negotiable between three to five years, with an annual rental increase of 8.50%, also open to negotiation depending on the lease duration. This property is ideal for businesses seeking a strategic location with flexible terms and ample space. For more details or to arrange a viewing, please contact us today. Don't miss out on this fantastic opportunity to elevate your business operations in a thriving industrial hub.