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R 19 600 000 | retail property to rent in springfield park

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Property Description


A leading property investor and developer in South Africa has designed a prime destination park to provide 90,000sqm of modern business space. The park is ideal for users requiring commercial, retail, showrooms & offices space. Umgeni Deco & Lifestyle Park is ideally located within the Springfield Industrial precinct and takes advantage of the thriving node. The land is the last centrally located undeveloped piece of land in Durban. The highly visible site is less then 10km for freight coming into the city from the Durban port. Access to the precinct is exceptional following major upgrades to the Umgeni interchange and Umgeni Road allowing ease of vehicular access to the national road network as well as to the city road network. Visitor access into Umgeni Deco & Lifestyle Park is via the efficient road network or by train via the future rail network currently being planned by the EThekwini Municipality, added to its excellent accessibility, it offers great visibility and brand exposure, too. Umgeni Deco & Lifestyle Park will be secure to support its tenants with high-spec infrastructure as well as a comprehensive framework of services and other quality features in a landscaped green environment. Umgeni Deco & Lifestyle Park will create a mix of tenants that add value to the park and its occupants trading potential, therefore becoming is a single destination to source decor, lifestyle and other related products or services. https://www.youtube.com/watch?v=ZanjU85lHKs&feature=youtu.be PLEASE NOTE RENTAL PRICE IS AN ESTIMATION AND DOES NOT INCLUDE OPERATIONAL COSTS. The following tenant mix is required: Home Improvement & Appliances - DIY Building Supplies & Accessories Furniture & Accessories Bathroom & Accessories Tiles, Flooring & Blinds Outdoor Lifestyle & Accessories Kitchens & Kitchenware Motor Showroom & Related Services Offices Call Centres Mini-Warehousing Electronics Lighting


Property Details

RentalR 19 600 000

Building Size140000 m2

Price Per SQMR 140 m2

Type of PropertyRetail

ZoningRetail

Lease Term36 months

Last Updated19 Aug 2019

General Features

SecurityYes

Property Location


AddressUmgeni Road, Springfield Park, Umhlanga, KWAZULU-NATAL, South Africa

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