4000sqm Warehouse to Let in Riverhorse

R440,000.00 (rental)

Riverhorse, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP7808
Rental Price : R440,000.00
Ownership : S/Title
Building Size : 4000m²
Parking : Yes


Description

A Grade industrial property now available to Let in the sought-after area of Riverhorse Valley, offering exceptional facilities and strategic location for your business operations.

Property Details:
- Rental: R110.00 per square meter
- Escalation: 8% annually
- Additional Costs: None
- Estimated Utilities: R12,000.00

Included Amenities:
Enjoy the added benefit of several essential amenities covered by the anchor tenant throughout the lease term until March 31st, 2028, including:

- Security: R90,000.00
- Fuel for Generator: R20,000.00
- Generator Test: R7,000.00
- Sprinkler Service: R15,000.00
- Electrical Fence: R3,000.00

This comprehensive package equates to a total monthly value of R135,000.00.

Availability and Lease Terms:
The facility is ready for immediate occupancy. The lease term extends for 3 years and 11 months from April 2024, aligning concurrently with the Anchor Tenants lease.

Schedule a Viewing:
Interested in exploring this prime industrial property? Contact us to schedule a viewing at your earliest convenience. We're here to facilitate your leasing needs and ensure a seamless transition into your new business space.

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Contact the Agent

Mike Braine » ++27 63 580 4241
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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