139 m² Industrial space in Hillcrest Central

Warehouse, service premises available 1 October 2026.

This versatile light service industrial unit offers a spacious double-volume interior, complete with an

exclusive-use storeroom and private ablution facilities. Ideal for centrally located storage or light

industrial operations, the premises combine functionality, accessibility, and security in a highly sought-

after location.

The unit features a roller shutter door at the rear, providing direct access to a secure basement parking

area for convenient loading and deliveries. In addition, double doors open onto the busy Builders Way

access road, ensuring excellent accessibility and exposure.

Equipped with a 3-phase, 60-amp electricity supply and water connection, the space is well suited to a

range of operational requirements. A major advantage of the unit is its impressive internal height of

approximately 4.48m across much of the premises, creating valuable double-volume space for storage

or workspace flexibility.

Additional features include secure basement access, an exclusive-use loading bay, and easy

connectivity to major routes. Centrally located industrial units of this nature offering secure access,

excellent loading facilities, and generous internal volume are increasingly hard to find.

Size of premises 139 M2

Billing item Ratesqm excl VAT Per month excl VAT

Base rent R41.79 R5,808.81

Operating Costs R40.00 R5,560.00

Municipal rates Current R28.21 R3,921.19

Total R110.00 R15,290.00

The Rental above includes:

Retail units: Basic Rental, Operating Cost, Marketing Cost and Rates Recoveries

Office units: Basic Rental, Operating Cost and Rates Recoveries.

Service Industrial units: Basic Rental, Operating Cost and Rates Recoveries

And excludes:

VAT

Water and Sewerage Costs: All units are Metered. Billed according to usage at municipal rates.

Municipal Refuse: Dependent on usage.

Airconditioning Recovery Monthly Filter cleans and Bi-Annual Service Costs.

Electricity: The electricity for the centre is in Landlords name and the municipality bills the Landlord.

o Retail & Service Industrial tenants All units are metered. Billed according to usage at municipal

rates.

o Offices tenants Certain offfices are metered and billed according to usage at municipal rates.

All retail premises and offices are fully air-conditioned excluding Service Industrial Units with electricity and cold-water supply.

Strong Established Neighbourhood Centre of 10,600 sqm.

17 years of trading with a high quality Tenant Mix 34 Retail Stores, 10 Offices, 3 Service Industrial Units and 2 ATMs.

Anchored by one of the largest and best trading Woolworths convenience food stores in KZN, and also by a large Clicks complete with Pharmacy and Clinic, together with a high percentage of other national tenants.

Woolworths recently completed a store upgrade in February 2025, offering the highest quality product they have in South Africa, one of only four stores of this nature in KZN! With this, they signed a fresh 10-year lease.

Occupancy has historically been close to 100.

Car Traffic Count averages over 91,000 cars per month, achieving closer to 100,000 cars in December.

Traffic Car Count consistent for all 7 days of Week

o

Using March 2025 - Feb 2026 Figures Avg. cars entering centre per day: Mon 2882, Tues 2993, Wed 3006, Thurs 2960, Fri 3257, Sat 3047, Sun 2539.

Over 80 of GLA let to tenants until 2028 or later. Our tenant retention remains extremely high on renewal.

The three restaurants being The Black Rabbit, Olive and Oil and Oscars are all amongst the best trading restaurants in the Upper Highway area.

We have a beautifully laid out Starbucks offering since July 2025.

Lillies Quarter is well maintained and is beautifully landscaped.

The centre has 24-hour security guards and a full CCTV system, and has an excellent security record.

The centre has 2 lifts providing convenient access.

There is a dedicated onsite management team operating from Mon to Fri 8am to 4:30 pm providing an A grade service!

For more information and to arrange a viewing, dont hesitate to contact me.