AUCT-002779 | On Auction

Retail Centre Ready For New Anchor Tenant In The Greytown CBD

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

  • How we Work
    2026-09-17 11:00:00
    Retail Centre Ready For New Anchor Tenant In The Greytown CBD

    82 Okes Street & 146 Sargeaunt Street, Greytown CBD, KwaZulu-Natal

    Site Extent: ± 4 048 m² | GBA: ± 2 700 m² | 2 Buildings - (one building with 16 line shops & one building with +/- 1 250 m² retail space ready for anchor tenant) | ± 400 m from Greytown’s Taxi Rank & ± 300 m from Greytown’s CBD | Perfect for Provincial Retailer Supermarket Group, Hardware or even Fast Food Outlet with Drive Thru | 31 Parking Bays plus additional Municipal Parking | Current Gross Annual Income: R660K (Excluding Recoveries) | Potential Fully Tenanted: ± R1.9 Million per annum

    Greytown, KwaZulu-Natal


    Features
    • Prominently positioned corner commercial property comprising an established neighbourhood shopping centre.
    • Large ±1,250 m² former supermarket offering an expansive open-plan trading area with immediate occupancy potential.
    • Additional line shops
    • Excellent frontage and visibility with convenient customer access and ample potential for reconfiguration or refurbishment.
    • A rare opportunity to reposition an established retail asset within one of Greytown's key commercial nodes.

    Locality
    • Strategically located at the corner of 82 Oakes Street and 146 Sargeaunt Street, Greytown, approximately 300 metres from the CBD.
    • Occupies the vital link between Greytown's bustling central business district and the surrounding residential suburbs.
    • Positioned to serve both the established local community and the town's expanding residential population.
    • Greytown continues to function as the primary commercial and service hub for the surrounding rural districts, attracting shoppers from a wide catchment area.

    Accessibility
    • Excellent accessibility from the town centre and surrounding residential neighbourhoods.
    • Approximately 400 metres from Greytown's main taxi rank, ensuring consistent pedestrian activity and convenient public transport access.
    • Easily accessible via Greytown's primary road network with good vehicle circulation and customer convenience.
    • Highly visible corner location benefiting from strong passing traffic throughout the day.

    Potential Uses
    • Supermarket or national food retailer.
    • Discount grocery or wholesale outlet.
    • Pharmacy or medical retail centre.
    • Hardware, agricultural supply or home improvement store.
    • Furniture, appliance or value retail outlet.
    • Community shopping centre anchored by a major tenant.
    • Mixed-use retail development with service providers, banking, restaurants and convenience stores.
    • Excellent opportunity for owner-occupiers, investors or developers seeking to revitalise a landmark retail property.

    Branding Exposure
    • High-profile corner position providing exceptional visibility from multiple directions.
    • Extensive frontage offers outstanding signage and corporate branding opportunities.
    • Well-positioned to establish a dominant retail presence within one of Greytown's busiest commercial corridors.
    • Ideal for national retailers seeking a strong regional footprint in a well-established trading environment.

    Surrounding Area
    • Situated within a well-established commercial precinct surrounded by residential neighbourhoods, schools, businesses and community facilities.
    • Approximately 500 metres from a substantial new affordable housing development nearing completion, expected to accommodate over 1,000 residents, creating additional demand for convenience shopping and essential services.
    • Located close to Greytown's retail core, public transport facilities and everyday amenities.
    • Greytown is a modern, well-serviced rural town with a loyal consumer base, making the property ideally positioned to benefit from both existing trade and future population growth.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002779
    List price:
    POA
    Address:
    82 Okes Street & 146 Sargeaunt Street, Greytown, uMzinyathi District Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    17 September 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.

    Related Documents

    Loading related documents...

    Property Agent
    Virend Deonarain
                                        In2assets Representative

    Virend Deonarain

    Show number

    vdeonarain@in2assets.com

    Fill in the below enquiry form &
    We will get back to you shortly.
    Chat with Agent
    ×
    in2assets Logo
    Form submitted successfully! You'll be redirected to WhatsApp shortly.
    WhatsApp