R35 per m²

R35 per m²

11,000m² Building To Let in Prospecton Industrial
Covered
Available From
Sunday, 01 June 2025
Deposit R840,000
Lease Period 12 months
Lease Excludes VAT & Utilities
Print

Flexible Vehicle Parking Opportunity at the Old Durban International Airport – Open and Covered Bays

Web Ref. CL31019
Floor size 11000.00 m²
Secure this rare opportunity to lease approximately 11,000m² of open and covered parking space at the iconic Old Durban International Airport. This flexible-use site is ideally suited for businesses in need of large-scale parking for cars and/or trucks, offering both ground-level and structured multi-storey options.

The open yard and adjoining triangular section, collectively estimated at 11,000m², are available on a 12-month lease from 1 June 2025 to 31 May 2026, at R35 per m² plus VAT, offered as is (voetstoots). This open area is strictly designated for vehicle parking only – containers, fuel storage or hazardous materials are not permitted on site.

Please note that the sub-tenant is responsible for their own security, generators, water supply and portable toilets. The lease includes a 10% annual escalation, with a two-month rental deposit plus the first month’s rental required upfront upon lease finalisation. All prospective tenants must also provide valid FICA documentation in accordance with South African regulations.

This location offers strategic access to Durban’s logistics infrastructure, making it an excellent choice for fleet operators, vehicle importers and transport companies seeking scale, security and positioning.

Key Points:
* ±11,000m² of open and triangular parking space
* Rental Rate: R35 per m²
* Lease Term: 12 months (1 June 2025 – 31 May 2026)
* Use: Parking of cars and/or trucks only
* No containers, fuel storage or hazardous materials allowed
* Tenant to supply own security, generators, water and portable toilets
* Lease escalation: 10% annually
* Upfront requirements: 2-month deposit + 1st month’s rental
* FICA documentation required

Features

Zoning
Industrial
Sizes
Floor Size 11,000 m²
Parking Bays
609 Covered Parkings
Listing Info
Date Listed 03-06-25
Time Listed 07:28

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Disclaimer

While every effort will be made to ensure that the information contained within the Deal Core Property Group website is accurate and up to date, Deal Core Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.