Riverhorse Valley

5th Avenue
31 Mar 2022

Riverhorse Valley

Located centrally in the greater Durban area, measuring 150 hectares and running along the main N2 freeway, is one of the most sought-after industrial areas in Durban. Ideal for light industrial and warehousing, Riverhorse Valley (made up of land from the surrounding suburbs of Effingham, Greenwood Park, Avoca, and Newlands East) remains one of the most popular and still rapidly developing zones for industrial use.

In June 2000, a joint venture partnership was established between eThekwini Municipality and Tongaat Hulett to develop and sell the sites and construction commenced in 2002. Most of the infrastructure was completed by 2008. In terms of aesthetic appeal, it has established itself as the Premium industrial zone in Durban with the best A grade big warehouses. It has excellent accessibility with dual access points on the N2. It is 13km from the Durban Port and 25km from King Shaka International Airport. It is because of these factors that Riverhorse Valley commands some of the highest rentals in Durban, with a Minimum gross rental of over R80/m² right up to R110/m².

Another bonus is that it is independently managed by the Riverhorse Valley Business Estate Management Association (RHVBEMA). RHVBEMA provides security/safeguarding, landscaping maintenance, general maintenance, environmental management, design review and administration.

In terms of space availability, with the recent unfortunate riots and looting, several warehouses were damaged. None more so than the 43,000m² Mass Discounters warehouse. With those companies that lost warehousing taking up whatever vacant space they could, there is a shortage of warehousing space in the area which is insufficient to match the incredible demand. There are secure business parks with a range of mini units right up to 4,000m² warehouses.

Apart from the original Mass Discounters warehouse, Unilever has the other flagship warehouse in excess of 35,000m². JT Ross with their Northfields Business Park and Investec with their Corobrik site (between them having the major land parcels in excess of 500,000m² of bulk) and these new industrial nodes on the periphery of Riverhorse Valley are well under construction with some major tenants already having moved into Northfields Business Park such as Rhenus, Massmart, Johnsons Workwear and Takealot.

Apart from those already mentioned, in recent years Riverhorse is or has been home to the likes of Mr. Price Group Afrox, Samsung, Unilever, Hellmann Worldwide Logistics, RTT, Massmart, DHL, Barloworld Equipment, Volvo Trucks and Waltons.

Looking for Industrial Property to Let? Contact Simon today!

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