NEW
12,000m² Building To Let in Prospecton Industrial
R35 per m²
Web Ref
CL31019
Gross Monthly Rental
R420,000 Excl. VAT
Lease Period
12 months
Availability
01 Jun 2025
Deposit
R840,000
Annual Escalation
10.00 %
Lease Excludes
VAT & Utilities
Flexible Vehicle Parking Opportunity at the Old Durban International Airport – Open and Covered Bays
Secure this rare opportunity to lease approximately 12,000m² 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 12,000m², 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.
Additionally, the multi-storey covered parking facility offers 609 dedicated car bays, available at a competitive R350 per bay per month plus VAT, also on a voetstoots basis for a minimum 12-month lease. This structured option is ideal for secure car storage or fleet parking.
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:
* ±12,000m² of open and triangular parking space
* Rental Rate: R35 per m²
* Covered Multi-Storey Bays: 609 bays available
* Covered Bay Rental: R350 per bay per month
* 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
The open yard and adjoining triangular section, collectively estimated at 12,000m², 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.
Additionally, the multi-storey covered parking facility offers 609 dedicated car bays, available at a competitive R350 per bay per month plus VAT, also on a voetstoots basis for a minimum 12-month lease. This structured option is ideal for secure car storage or fleet parking.
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:
* ±12,000m² of open and triangular parking space
* Rental Rate: R35 per m²
* Covered Multi-Storey Bays: 609 bays available
* Covered Bay Rental: R350 per bay per month
* 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
Exterior
Security
No
Parking Bays
Covered Parkings
609
Sizes
Floor Size
12,000m²
