AUCT-002579 | On Auction

Industrial Park with Great Upside Close To King Shaka International Airport

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    2025-08-28 11:00:00
    Industrial Park with Great Upside Close To King Shaka International Airport

    Sophie Industrial Park, 44 New Glasgow Road, Canelands Industrial

    Comprises various factories, warehouses and development land | Fully serviced property | 11 000 KVA Power Supply with 2 Sub Stations on site | Tenants include Checkers Shoprite Group, Metier Mixed Concrete and others | Positioned 3 minutes from King Shaka International Airport | 6 Parcels of properties forming entire park - sold individually and combined

    Canelands, KwaZulu-Natal


    Sophisticated Industrial Investment Opportunity: Entire Sophie Industrial Park, Canelands, Verulam

    We are privileged to bring to market, by way of public auction, an exceptional opportunity to acquire six strategically positioned industrial properties which collectively form the entire Sophie Industrial Park, located in the high-demand Canelands Industrial Precinct of Verulam, just a few minutes from King Shaka International Airport.

    This rare, comprehensive industrial investment offers unparalleled flexibility, accessibility, and future growth potential, underpinned by established national tenancies and the site's proximity to major transport and logistics corridors.

    Property Composition & Structuring: Real Rights Stands and Sectional Title Units

    The Sophie Industrial Park is a unique industrial node comprising the following that is going up on Auction:
    • 12 Real Rights Stands and
    • Two Registered Sectional Title Facilities
    The Real Rights Stands represent an innovative legal and planning mechanism whereby land parcels are held under the right to extend (Real Rights) in accordance with Sectional Title Schemes Management principles. This offers the landowner or developer the legal flexibility to develop, sell, or lease these parcels without the cost, time, and municipal complexities often associated with traditional land subdivision. It also allows for phased development in line with market demand while preserving the integrity and cohesion of the overall park design.

    The Sectional Title facilities, on the other hand, represent completed and formalized industrial units that are fully owned within the framework of a sectional title scheme.

    Current Status: Development & Occupancy

    The Real Right Stands currently comprise a mix of:
    • Vacant development land ready for immediate construction;
    • Partially developed sites with incomplete structures offering significant upside potential; and
    • Completed, operational industrial buildings
    The overall park reflects a blend of existing income-generating assets and prime development-ready land, giving investors and owner-occupiers multiple pathways to enhance value.

    Strategic Access & Park Design
    The park benefits from four separate access entrances, ensuring ease of logistics, traffic management, and site functionality for multiple occupiers.
    The decision to real-right and sectionalize the property instead of pursuing costly and time-consuming traditional subdivisions was deliberate. This structure offers:
    • Legal flexibility for phased development;
    • Simplified transfer processes for individual properties;
    • The ability to attract both owner-occupiers and investors while maintaining the coherence of the industrial park.

    This approach has successfully created a properly serviced industrial estate that appeals to logistics companies, manufacturing businesses, and large-scale distributors.

    Tenant Profile & Income Security
    Two blue-chip national tenants amongst others anchor the park:
    • Shoprite – One of Africa's largest retail and distribution giants, and
    • Métier Mixed Concrete – A major player in South Africa's construction materials sector.
    Their presence underscores the strategic importance and viability of Sophie Industrial Park as a key logistics and industrial hub.

    Location & Surrounding Area
    Sophie Industrial Park is located within the Canelands Industrial node—one of KwaZulu-Natal’s most rapidly growing industrial corridors, which is fueled by:
    • Proximity to King Shaka International Airport (5km);
    • Access to major arterial routes including the N2, R102, and MR 474;
    • Close links to Dube TradePort and Special Economic Zones (SEZs);
    • A surrounding environment rich with industrial and logistics operations.
    The park itself lies adjacent to Shoprite’s large-scale distribution facility, reinforcing its strategic positioning within the broader logistics ecosystem.

    Key Features of Sophie Industrial Park:
    • Total of 6 properties forming one industrial estate;
    • Mix of real rights and sectional title units for maximum development flexibility;
    • Vacant, incomplete, and income-generating assets included;
    • Fully serviced site with proper industrial infrastructure;
    • Four independent access points for operational efficiency;
    • 5km from King Shaka International Airport and key economic hubs;
    • Adjacent to Shoprite distribution centre;
    • Two national tenants in place offering income stability.

    Investment Potential
    The offering of the entire Sophie Industrial Park is a once-in-a-generation opportunity for:
    • Investors seeking diversified income streams with development upside;
    • Owner-occupiers looking for strategic industrial space with expansion potential;
    • Developers wishing to complete, enhance, or reposition the park to meet growing demand for industrial and logistics space near the airport and Durban Port.

    With the rising demand for logistics, warehousing, and manufacturing facilities in this key region, Sophie Industrial Park presents a compelling, scalable industrial asset ready to meet the needs of KwaZulu-Natal’s evolving economy.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-002579
    List price:
    POA
    Address:
    Sophie Industrial Park, 44 New Glasgow Road, Canelands, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    28 August 2025 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R 50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

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