Situated within the well-established Nipper Industrial Park at 12 Nipper Road, New Germany, this exceptional industrial investment opportunity comprises three fully tenanted sectional title units being sold as a single portfolio. The offering includes Section 8 (109m2), Section 16 (174m2), and Section 17 (174m2), providing a combined sectional area of 457m2. The units generate a current gross rental income of R42,797 per month and are secured by an established national tenant with a lease in place until January 2028, incorporating annual rental escalations of 8%, ensuring strong contractual income growth.
Strategically located within the heart of the Pinetown industrial corridor, Nipper Industrial Park is a sought-after mini-industrial development offering excellent connectivity to the M19, N3, and M13 arterial routes. The park is approximately 5 minutes from Pinetown CBD and only 30 minutes from Durban Harbour, making it an attractive location for logistics, warehousing, and light industrial businesses. With monthly rates of R11,303 and levies of R5,735, this high-yielding asset presents a rare opportunity for private investors, property funds, and syndicates seeking secure industrial exposure with immediate cash flow and long-term income growth.
