PORTFOLIO DISPOSAL: Blue Chip Investment Property in Richards Bay CBD
37 Dollar Drive, Richards Bay CBD
Extent: ± 2 070 m² | GBA: ± 1 050 m² | Multiple Long Term Blue Chip Tenants | Gross Annual Income: ± R1.24 Million (including rates recoveries) | Corner property | Exceptional road frontage | Close proximity to major arterial routes | Ample parking space
Richards Bay, KwaZulu-Natal
Situated within the well-known Dollar Drive commercial precinct in Richards Bay, this multi-tenanted commercial property offers investors an opportunity to acquire a strategically positioned asset within an established business environment. The property forms part of a recognised commercial node servicing both the surrounding industrial areas and the greater Richards Bay region.
Blue Chip Tenant Profile The property is anchored by a strong mix of established blue chip tenants who have occupied the premises on a long-term basis. The longevity of occupation reflects the functionality and positioning of the property while contributing towards investment stability and consistent commercial activity on site.
Accessibility & Business Convenience Located in close proximity to major road networks and transport routes, the property benefits from convenient access for customers, staff and service providers. Its positioning within a high-activity commercial area supports tenant retention and ongoing demand from businesses seeking accessible premises within Richards Bay.
Multi-Tenanted Investment Opportunity The diversified multi-tenanted nature of the property provides investors with an established income-producing asset supported by a range of commercial occupiers. The combination of tenant quality, location and accessibility positions the property as a compelling commercial investment opportunity.
Opportunity to Secure a Larger Combined Holding 37 Dollar Drive is positioned directly adjacent to 36 Dollar Drive, which is also being offered on auction. The simultaneous availability of both properties presents purchasers with the opportunity to secure an expanded commercial footprint, unlock future redevelopment potential, or consolidate holdings within this prominent Richards Bay commercial precinct.
37 Dollar Drive, Richards Bay, King Cetshwayo District Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club
Auction Date:
24 June 2026 11:00 am
Auctioneer:
Andrew Miller
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.
