Bidding to start from R8,000,000 | Live Auction: 17 March 2026

This freehold ± 1,100 m² industrial facility, situated on a ± 1,113 m² erf in the established Springfield industrial node, offers rare 1,250 Amp installed power capacity — representing an estimated R 3.5 million electrical upgrade cost. The property is configured for heavy manufacturing with reinforced floors, overhead steel gantries, integrated mezzanine platforms and existing extraction systems already in place. Designed for operational efficiency, the building includes a structured production layout with internal office components and full site coverage. Positioned in one of Durban’s most tightly held industrial precincts, the asset presents an immediate, expansion-ready opportunity for power-intensive operators seeking continuity without additional infrastructure investment.

Key Features:

• 1,250 Amp installed power supply with estimated R 3.5 million upgrade value

• ± 1,100 m² freehold industrial building on ± 1,113 m² erf

• Reinforced floors, steel gantries, mezzanine platforms and extraction systems

• Configured for heavy manufacturing and high-power industrial use

• Established Springfield industrial node, Durban

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.