Web Ref CL137
6,134m² Investment For Sale in Riverhorse Valley
For Sale: 41 Imvubu Park Place, Industrial Property in Riverhorse Valley, KZN
Property Overview:
Address: 41 Imvubu Park Place, Riverhorse Valley, KwaZulu-Natal
Location: Conveniently located along the N2 freeway, approximately 12 km from Umhlanga and 15 km from Durban. This area was developed through a partnership between eThekwini Municipality and Tongaat Hulett, with infrastructure completed in 2008.
Property Details:
Combined GLA (Gross Leasable Area): 6,134 m²
Property Type: Industrial
Current Tenant: Discovery Central Services
Occupancy Rate: 100% (as of January 2025)
WALE (Weighted Average Lease Expiry): 2.8 years (as of January 2025)
Lease Expiry Date: 31/09/2026
Weighted Average Escalation: 7.5% per annum
Investment Highlights:
Ideal Location: The Riverhorse Valley node is strategically positioned for warehousing and distribution operations, benefiting from proximity to major transport routes and the ports.
Notable Nearby Businesses: The area is home to major corporations such as RTT, Massmart, Adcock Ingram, and DHL, which enhances the business environment.
Modern Facilities: The property features a high-spec fit-out with world-class wellness and canteen facilities, making it an attractive workplace for employees.
Flexibility for Conversion: The property offers potential for conversion to traditional warehousing use, thanks to good eave heights, sufficient yard space, and a significant power supply of 1250A.
Additional Features:
Fire Sprinklers: Yes
Eave Heights: 10 meters
Roller Doors: None
On-Grade Doors: None
Off-Grade Doors: None
Superlink Reticulation: None
This property presents a prime investment opportunity in the growing industrial sector of Riverhorse Valley, with a stable tenant and the potential for future growth and adaptability.
Property Overview:
Address: 41 Imvubu Park Place, Riverhorse Valley, KwaZulu-Natal
Location: Conveniently located along the N2 freeway, approximately 12 km from Umhlanga and 15 km from Durban. This area was developed through a partnership between eThekwini Municipality and Tongaat Hulett, with infrastructure completed in 2008.
Property Details:
Combined GLA (Gross Leasable Area): 6,134 m²
Property Type: Industrial
Current Tenant: Discovery Central Services
Occupancy Rate: 100% (as of January 2025)
WALE (Weighted Average Lease Expiry): 2.8 years (as of January 2025)
Lease Expiry Date: 31/09/2026
Weighted Average Escalation: 7.5% per annum
Investment Highlights:
Ideal Location: The Riverhorse Valley node is strategically positioned for warehousing and distribution operations, benefiting from proximity to major transport routes and the ports.
Notable Nearby Businesses: The area is home to major corporations such as RTT, Massmart, Adcock Ingram, and DHL, which enhances the business environment.
Modern Facilities: The property features a high-spec fit-out with world-class wellness and canteen facilities, making it an attractive workplace for employees.
Flexibility for Conversion: The property offers potential for conversion to traditional warehousing use, thanks to good eave heights, sufficient yard space, and a significant power supply of 1250A.
Additional Features:
Fire Sprinklers: Yes
Eave Heights: 10 meters
Roller Doors: None
On-Grade Doors: None
Off-Grade Doors: None
Superlink Reticulation: None
This property presents a prime investment opportunity in the growing industrial sector of Riverhorse Valley, with a stable tenant and the potential for future growth and adaptability.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
6,134m²
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