Prime 4 Units Industrial Building
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.
DESCRIPTION:
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
- Rates: ±R5,700.00 per month
- Zoning: General Commercial
Web Ref: 769544
VAT Applicable
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
- Bank confirmation letter (Applicable once proof of payment is sent)
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
- Bank confirmation letter (Applicable once proof of payment is sent)
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
- Bank confirmation letter (Applicable once proof of payment is sent)
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)
- Bank confirmation letter (Applicable once proof of payment is sent)
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.
Mark Gadd | 081 770 5017 | 021 425 8822 | [email protected]
| Bidder No | Bidder | Time | Amount |
|---|
| Document Type | Document Name | Description | Download |
|---|---|---|---|
| Please Register to view documents |
