AUCT-002758 | On Auction

Landmark Industrial Facility with Blue Chip Tenant

Until Our Next Auction
21 July 2026 | 11:00:00 am

  • How we Work
    2026-07-21 11:00:00
    Landmark Industrial Facility with Blue Chip Tenant

    25 Richard Carte Road, Mobeni, Durban

    Combined Extent: ± 45 458 m² | GLA: ± 33 845 m² | Fully let to national tenant | Long-term lease in place until August 2031 | Net Rental Income: ± R26.24 Million per annum | Extensive factory, warehouse and office accommodation | Covered loading areas and dedicated loading infrastructure | 11 000 m² of hardened yard and circulation space | Excellent access to M4, Durban Port and major logistics routes

    Durban, KwaZulu-Natal


    Rarely does an industrial asset of this scale, prominence and strategic importance become available within Durban's highly sought-after Southern Industrial Basin. To be offered by public auction on 21 July 2026, this exceptional manufacturing and logistics facility at 25 Richard Carte Road, Mobeni presents a unique opportunity to acquire a substantial industrial holding that offers both immediate investment returns and long-term strategic occupation potential.

    Whether acquired by an investor seeking secure income from a blue-chip tenant or by an owner-occupier looking to secure a future operational base within one of Durban's most established industrial precincts, this property represents an opportunity that is becoming increasingly difficult to replicate in today's market.

    Locality
    Positioned within the heart of Mobeni's established industrial precinct, the property enjoys exceptional connectivity to Durban Harbour, the South Basin industrial corridor, major transport routes and regional distribution networks. Situated approximately 300 metres from the M4 Southern Freeway interchange and benefiting from frontage to Richard Carte Road and Quality Street, the property provides convenient access for staff, suppliers, customers and heavy vehicle movements alike.

    Mobeni has long been recognised as one of Durban's premier manufacturing and logistics nodes due to its proximity to the Port of Durban, established industrial infrastructure and access to major arterial routes. As industrial land becomes increasingly scarce and large industrial facilities become harder to develop economically, securing a property of this magnitude within such an established location has become a strategic consideration for many corporate occupiers.

    Improvements
    Occupying a combined site area of approximately 45,458m², the property comprises an extensive industrial complex offering approximately 33,845m² of gross lettable area. The improvements have been purpose-built to accommodate large-scale manufacturing, warehousing and distribution operations and provide flexibility for a wide range of industrial users.

    The facility incorporates two substantial double-volume factory and warehouse buildings interconnected by a container-height loading area that allows efficient movement of goods between operational areas. The buildings offer expansive floor plates, generous internal volumes, multiple loading points and extensive support facilities, making them suitable for manufacturing, storage, logistics, assembly and distribution operations.

    The office component extends to approximately 2,560m² and is complemented by boardroom facilities, administration offices, canteen facilities, staff ablutions and ancillary support areas. Extensive covered loading areas, dedicated loading docks, roller shutter access points and substantial hardened yard areas further enhance operational efficiency.

    The property also benefits from approximately 11,000m² of paved circulation and yard areas, multiple secure access points, covered parking facilities, perimeter security infrastructure and excellent internal vehicle movement. The scale and layout of the improvements would be costly and time-consuming to replicate in the current market, creating a significant barrier to entry for competing facilities.

    Income Potential
    The property is currently occupied by Nampak DivFood under a long-term lease extending until 31 August 2031. The lease provides a secure income stream of approximately R2.19 Million per month, offering purchasers strong income growth during the balance of the lease term.

    For investors, the property offers an opportunity to acquire a high-value industrial asset supported by a nationally recognised tenant and predictable rental income. For strategic occupiers, the lease period provides a valuable planning horizon during which future operational requirements, relocation strategies and expansion programmes can be carefully considered before taking occupation of the facility.

    Future Occupation Opportunity
    Large industrial facilities situated within established logistics corridors are becoming increasingly difficult to acquire. Escalating construction costs, limited availability of suitably zoned industrial land and lengthy development approval processes have made the replacement of facilities of this scale both expensive and time-consuming.

    This property therefore presents a compelling opportunity for manufacturers, logistics companies, distributors, exporters and large-scale industrial operators seeking to secure their long-term presence within Durban's Southern Industrial Basin. By acquiring the property today, an owner-occupier can effectively reserve a strategic operational platform for future occupation while benefiting from a substantial income stream in the interim.

    Surrounding Environment
    The surrounding area is characterised by a concentration of national and multinational industrial occupiers operating within the manufacturing, packaging, logistics, transport and distribution sectors. The node's proximity to Durban Port, major freeways and established labour catchment areas continues to underpin demand from industrial users.

    Properties capable of accommodating large-scale industrial operations within this location are tightly held and infrequently brought to market. The combination of scale, accessibility, infrastructure and long-term strategic value places this asset among the most significant industrial offerings currently available within the region.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-002758
    List price:
    POA
    Address:
    25 Richard Carte Road, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    21 July 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.

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