AUCT-002671 | SOLD

Income Generating Warehouse Facilities In Prime Industrial Area

Until Our Next Auction
17 February 2026 | 11:00:00 am

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    2026-02-17 11:00:00
    Income Generating Warehouse Facilities In Prime Industrial Area

    Sections 7 & 8 SS Greenville Park, 2 Klinker Place, Briardene

    Section 7: ± 838 m² | Section 8: ± 1 204 m² | Combined GLA: ± 2 522 m² including mezzanine levels within section 8 only ( ± 480 m²) | Both units sold as a combined lot | Gross Annual Income: R3.1 Million | Tenant: National Healthcare Tenant with current lease expiring 2028 – option to renew | Top-tier investment opportunity | 11 Parking bays | Well maintained and well run sectional title scheme

    Durban North, KwaZulu-Natal


    Prime Industrial Investment Opportunity

    Units 7 and 8 of SS Greenfield Park present a rare opportunity to acquire two well-positioned sectional title industrial units within one of Durban North’s most sought-after industrial precincts. Ideally located at 2 Klinker Place, on the prominent corner of Klinker Place and Marseilles Crescent, this property enjoys exceptional exposure, functionality and accessibility.

    Location & Surrounding Area

    Briardene is widely regarded as a premier industrial node, strategically positioned between Durban North, Riverhorse Valley and the Durban Port precinct. The area is characterised by a strong concentration of established national and regional operators, modern industrial parks, and excellent infrastructure. Its proximity to key arterial routes ensures seamless connectivity to the N2, M4, and major logistics corridors, making it an ideal base for distribution, light manufacturing, warehousing and service-oriented businesses.

    Accessibility & Site Advantages

    The property benefits from dual road access from both Klinker Place and Marseilles Crescent, significantly enhancing operational efficiency, vehicle circulation, and ease of access for staff, deliveries and clients. Well-managed common yard areas provide ample manoeuvring space for loading and offloading, while the allocation of 11 dedicated parking bays further supports smooth day-to-day operations.

    Property Features

    With a combined extent of approximately 2 522 m², inclusive of mezzanine levels (unit 8 only), the units offer generous floor areas complemented by good internal height, allowing for efficient racking, storage or specialised operational layouts. The units are well maintained and form part of a professionally managed sectional title scheme, overseen by a reputable and proactive body corporate and managing agents ensuring long-term asset preservation and operational stability.

    Tenant Profile & Investment Appeal

    The property is currently tenanted by a national healthcare operator, providing investors with secure, reliable income underpinned by a strong covenant. The existing lease runs until February 2028, with a further 3-year renewal option, offering both income certainty and medium-term upside. The presence of a national tenant within a high-demand industrial node significantly enhances the property’s defensive investment profile.

    Potential Uses

    While ideally suited to warehousing, light industrial, distribution, and healthcare-related operations, the units’ configuration, height and accessibility also lend themselves to a variety of alternative industrial or commercial uses, subject to zoning and approvals. This flexibility ensures sustained tenant demand and long-term relevance in a competitive market.

    Conclusion

    Units 7 and 8 at SS Greenville Park represent a compelling industrial investment opportunity—combining prime location, excellent accessibility, strong tenant credentials, and professional management within a tightly held precinct. This is a rare chance to secure a high-quality, income-generating asset in one of Durban’s most established and resilient industrial hubs.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-002671
    Final price:
    POA
    Address:
    Sections 7 & 8 SS Greenville Park, 2 Klinker Place, Durban North, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    17 February 2026 11:00 am



    Auctioneer:
    Tom Hodgson
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required DISCLAIMER: Website listings are for information purposes only and remain subject to change, amendment, correction or withdrawal at any time prior to the auction. As further information becomes available, revised listings will be published from time to time. It may not be possible to identify, track or specifically draw attention to every amendment or revision. The final brochure and Conditions of Sale, as issued to each registered bidder via email and/or WhatsApp prior to or on the day of the auction, shall constitute the final, governing and binding documentation applicable to the auction and the sale of the property. It is each Purchaser’s sole onus and responsibility to ensure that he has received, read, understood and agreed to the final brochure and Conditions of Sale and to bid and purchase strictly in accordance therewith. Registration for the auction shall constitute deemed acceptance of the final documentation as issued.

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