Bidding to start from R6,000,000 | Live Auction 17 March 2026

This property is strategically located within an established industrial node in Durban. The property is vacant and ready for immediate occupation or tenant placement, providing flexibility for investors or owner-occupiers. It features a high-capacity 1600 Amp power supply, supported by a R3.5 million electrical upgrade, making it suitable for energy-intensive industrial operations. The facility accommodates logistics, warehousing, distribution, or light to heavy manufacturing, with functional internal layouts and efficient circulation. Positioned within a resilient industrial precinct, this asset offers operational control, strong branding exposure, and long-term growth potential.

Key Features:

• High-power 1600 Amp power supply supported by a R3.5 million electrical upgrade

• Suitable for logistics, warehousing, distribution, and light to heavy manufacturing

• Vacant and ready for immediate occupation or tenant placement

• Industrial facility providing full operational control and branding exposure

• Located in Umgeni Road/Springfield Park with excellent access to major highways (N2, N3, M19) and close to the Durban CBD, rail links and Port, surrounded by logistics, warehouses, showrooms, retail centres, food outlets and essential services.

Auction Terms and Buyer Information:

• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price)

• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders)

All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.