Entire Unit, 269 Chamberlain Road - Warehouse Space For Sale in Jacobs

5 940m² | Jacobs Industrial Node | For Sale – R35 000 000

Three adjoining industrial facilities totalling approximately 5 940m² are available for purchase in the highly sought-after Jacobs industrial precinct, positioned within Zone 1 (back-of-port). This is a rare opportunity to secure a substantial footprint in one of Durban’s most established logistics and manufacturing hubs.

The properties offer practical, high-function warehouse and workshop space ideally suited to manufacturing, storage, freight forwarding, and distribution operations, with seamless access to the Durban Port and major arterial routes.

Property Breakdown

Warehouse 1

• GLA: 2 040m²

• Current Rental Income: R175 552.97 per month

• Income-producing tenant in place

Warehouse 2

• GLA: 2 445m²

• Currently owner-occupied

• Option to conclude a 5-year sale-and-leaseback at market-related rental

Warehouse 3

• GLA: 1 455m²

• Currently owner-occupied

• Option to conclude a 5-year sale-and-leaseback at market-related rental

Location Overview – Jacobs Industrial Node

Strategically positioned within Durban South’s premier logistics corridor, the property benefits from:

• Zone 1 (Back-of-Port) positioning

• Immediate proximity to the Port of Durban

• Rapid access to the M4, M7, and N2 highways

• Established heavy industrial and logistics ecosystem

• Proven long-term tenant demand

This precinct remains one of the most resilient industrial zones in KwaZulu-Natal due to its direct port access and concentration of freight operators.

Investment Highlights

• ±5 940m² combined warehouse and workshop space

• Income-producing component already in place

• Additional structured income via optional 5-year sale-and-leaseback

• Suitable for both investors and owner-occupiers

• Secure, logistics-friendly precinct

• Strong underlying land value within a constrained port-adjacent node

Financial Perspective

Based on a market-related rental of R65/m² for Warehouses 2 and 3 under a proposed 5-year sale-and-leaseback structure, the property would generate approximately R3 042 000 per annum, together with the existing income from Warehouse 1 of R1 836 000 per annum, resulting in a combined gross annual income of ±R4 878 000.

At the asking price of R35 000 000, this reflects a compelling gross yield of approximately 13.9%. On a gross income basis, the acquisition price could theoretically be amortised within approximately 6–7 years, inclusive of reasonable operational allowances. Even under conservative expense assumptions, the asset presents a strong income-generating profile within a high-demand, port-adjacent industrial node.

Enquiries

For further financial modelling, rental projections, or to arrange a confidential viewing, please get in touch.

Specialising in industrial and commercial property across Jacobs, Mobeni, Clairwood, Congella, and Umbilo.