The property’s main entrance is on Milner Street, via steel gates with manned security, and it has multiple roller-shutter door access from Balfour Road. The factory has a gross lettable area of about 10 000m² and comprises various work areas, boiler rooms, stores, staff canteen areas, and ablutions. There are several roller-shutter doors, with varying heights, to facilitate receiving and despatch, with possible superlink access for loading and offloading. There is a 2-ton goods hoist in the building.

There is a 3-phase power supply which provides about 1 400 Amps with a sub-station within the building, a sprinkler system, multiple fixed wall fans, and good load-bearing floors. The offices are split over three levels, with enclosed and open-place spaces, boardrooms, a kitchenette, and ablutions. Ample parking bays are provided in front of the building. The property is fenced and is secured with an alarm system and CCTV cameras.

Jacobs is within the greater South Basin Industrial region, bisected by the M4, and south of Durban Harbour and north of the old Durban International Airport.  “This property provides an excellent investment opportunity with an established tenant with a triple net lease providing a net annual income of about R4.1 million. “The tenant has been in occupation of the property for over 30 years,” says Luke Hearn, who is handling the sale.

457 & 459 Sydney Road, Congella, has about 4 400m² of clearspan warehousing, with strong load-bearing floors and very good height, and good accessibility which allows for superlink truck articulation within the building. The property is accessed directly off Sydney Road via two large roller-shutter doors or via a side gate which presents an opportunity for off-street loading and offloading. It also has access and loading facilities at the rear, on Eddie Place, with one large on-grade roller door, one dock leveller, and two loading docks.  The internal height of the property ranges from about 7.5m at the eaves to about 9.5m at the apex. It is fully sprinklered and offers a 225 Amp power supply. 

The property has staff ablutions, changerooms and an office component.  Congella Industrial is south-west of the Durban CBD. The area is bisected by the M4 and close to the Bayhead, Clairwood, and Umbilo industrial nodes. Public facilities and transport are available in the immediate vicinity.  “This magnificent property is in a strategically advantageous location, minutes from the port. It offers an excellent investment or end-user opportunity, with a current gross annual income of about R3.7 million, including recoveries.

“The property is in immaculate condition. The key-logistic location, with massive exposure to busy Sydney Road, makes this property sought after,” says Hearn. Bids can be submitted remotely via the In2assets online bidding platform https://auctions.in2assets.co.za accessible from PC or by downloading the In2assets App from the Google Play Store or App Store. For more information, contact Luke Hearn at 071 351 8138, 031 574 7600, or lukeh@in2assets.com.