Industrial on Auction in Gandhi's Hill

Description

LIVE & ONLINE AUCTION Auction Time & Date: Tuesday 10 November 2026 @ 12:00 Registration: Online & On-site at the Auction Venue. Venue: The DHL Stadium, Business Lounge G, Fritz Sonnenberg Road, Green Point, Cape Town. Registration at the venue will be open from 10:30. Online Registrations will close on Monday 9th November 2026 at 17:00. An excellent opportunity to secure a well-positioned industrial property in Tongaat, ideally located along a main road with convenient access to key commercial and transport routes. Erf size measuring 1442m² with a combined floor space of 689m², which comprises 4 individual separated mini industrial units. The property comprises four separate workshops, of which 2 are tenanted at ±R261 000 per annum and 2 currently vacant, together with ample parking and valuable yard space, offering flexibility for an owner-occupier, multiple business operations or an investor looking to generate rental income from several industrial units. Its location is a major advantage, with easy access to Dube Trade Port, King Shaka International Airport and the N2, while Ballito and the wider North Coast business corridor are only a short drive away. The main-road position provides excellent accessibility and visibility, while the yard space allows for vehicle movement, loading, storage or operational use. The property is well suited to a variety of industrial, workshop, warehousing, manufacturing or service-related businesses. With four workshops, parking, yard space and a strategic position within the growing North Coast corridor, this is a strong opportunity for both investors and businesses looking to establish or expand their industrial footprint. DETAILS: • Erf no: 297, Tongaat • Erf size: 1976m² • Zoning: General Commercial PAYMENT TERMS: 2.5% Deposit & 10% Auctioneers' fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer. ONLINE REGISTRATION REQUIREMENTS: To bid at the auction, you need to provide a copy of your identity document and current proof of residence (not older than 3 months), as well as a R50,000 Refundable Registration Fee for Online Registration Registration fee payable via EFT only, no card payments allowed. ON-SITE REGISTRATION REQUIREMENTS: To bid at the auction, you need to provide a copy of your identity document and current proof of residence (not older than 3 months), as well as a R25,000 Refundable Registration Fee for On-site Registration. Registration fee payable via EFT only, no card payments allowed. FICA REQUIREMENTS: All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID • Proof of residence - not older than 3 months COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising Bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee's ID's • Proof of Trust Address - not older than 3 months • Trust Tax Clearance Certificate All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising Bidder • Copy of director's/office bearers’ ID's • Proof of organisation's address - not older than 3 months • Organisation's Tax Clearance Certificate/Public Benefit Organisation Certificate (PBO Certificate) DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.