Extent: ± 4 856 m² | GLA: ± 5 900 m² | Gross Annual Income: ± R 6.5 Million | Corner of Crompton Street and Kings Road
Pinetown, KwaZulu-Natal
This substantial commercial property, located at 79 Crompton Street in the heart of Pinetown CBD, is set to go under the hammer on 21 May 2026 at Mount Edgecombe Country Club. Offering a diverse tenant mix and strong income stream, this is an exceptional opportunity to acquire a high-density, income generating asset in a well-established commercial node.
Locality Strategically positioned on the prominent corner of Crompton Street and Kings Road, the property enjoys excellent exposure and accessibility within Pinetown’s bustling CBD. The area serves as a key commercial hub within the greater Durban region, benefiting from strong foot traffic, public transport access, and proximity to major arterial routes connecting to the M13, N3, and surrounding industrial nodes.
Improvements The property is improved with a large commercial building offering an estimated gross lettable area of approximately 5 900 m². The development comprises a mix of ground floor retail units complemented by multiple levels of office accommodation above. The main tower rises to 8 floors, including the ground level, while the remainder of the building varies between 2 to 3 storeys. The layout allows for a diversified tenant base, catering to both retail and commercial office users.
Income Potential The property currently generates a gross annual income of approximately ± R6.5 million, reflecting its strong tenant demand and strategic positioning. With its scale and mixed-use configuration, the asset presents potential for further income optimisation through active management and leasing strategies.
Surrounding Environment Pinetown CBD is a well-established commercial precinct supported by a mix of retail centres, banking institutions, government offices, and light industrial activity. The area continues to attract both national and independent tenants, making it a resilient and sought-after business location within the eThekwini Municipality.
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.
