AUCT-002782 | On Auction

Income Generating Industrial Asset with Offices

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

  • How we Work
    2026-09-17 11:00:00
    Income Generating Industrial Asset with Offices

    6 Schenk Road, North Industria, Pinetown

    Extent: ± 1 900 m² | GBA: ± 1 100 m² | 5 Mini-industrial units | 5m Internal height in industrial unit | Upper-Level offices / showroom | ± 12 Parking bays | ± 450 m² Yard area | Partially tenanted | Gross Annual Income: ± R855K | Potential for further income

    Pinetown, KwaZulu-Natal


    Situated at 6 Schenk Road within the established North Industria node of Pinetown, this versatile industrial property presents an opportunity to acquire a partially tenanted asset offering a combination of mini-industrial accommodation, offices, yard space and on-site parking.
    The property offers and extent of approximately 1,900 m² and is improved with a double-storey building measuring ± 1,100 m², together with a yard area. Its configuration provides for multiple tenants and a diversified income stream, while also offering potential for an owner-occupier to utilise portions of the property.

    Locality
    The property is situated within the established North Industria area of Pinetown, an accessible industrial and commercial node positioned in close proximity to the greater Pinetown CBD and surrounding industrial areas.
    The location provides convenient access to the area's established road network, allowing for connectivity to surrounding industrial, commercial and business nodes. The property's position within an established industrial precinct makes it suitable for a variety of light industrial, warehousing, distribution and office-related uses.

    Improvements
    The property comprises a double-storey building with a total gross building area of approximately 1,100 m².
    The lower ground floor is configured into five mini industrial units, each offering varying layouts and configurations to accommodate different operational requirements. The industrial component benefits from an approximate 5-metre internal height, providing useful accommodation for storage, light manufacturing, warehousing and related industrial activities. Currently, Units 1 and 2 operate as a combined unit as well as Units 4 and 5.

    The configuration allows for flexibility in accommodating either multiple smaller tenants or larger occupiers requiring combined space
    The upper level comprises a front reception area together with approximately 15 individual offices, which have been created using drywall partitioning. The office component is supported by ablution facilities and a kitchenette, providing a functional administrative environment that can accommodate multiple businesses or a larger single occupier.

    The property further benefits from approximately 12 on-site parking bays and an approximate 450 m² yard area

    Income Potential
    The property is currently partially tenanted and generates a gross annual income of approximately R855,543.24.

    The existing income stream provides a foundation for an investor, while the vacant or underutilised portions of the property may offer further opportunity to increase the property's overall income generation through additional letting.

    The configuration of the lower-level mini-industrial units, together with the substantial office component, provides the potential for multiple income streams across a diversified tenant base. Alternatively, the property could appeal to an owner-occupier seeking to utilise a portion of the accommodation while retaining existing tenants to contribute towards operating costs or financing obligations.

    Surrounding Environment
    North Industria forms part of the broader Pinetown industrial landscape, characterised by a mixture of industrial, warehousing, manufacturing, commercial and service-related properties.

    The surrounding environment supports a broad range of businesses and the property's combination of industrial units, office accommodation, parking and yard space positions it as a versatile asset capable of appealing to both investors and owner-occupiers.
    With its multi-component layout, existing income generation and opportunity to further optimise occupation, this property represents an opportunity to acquire a flexible industrial investment within an established Pinetown industrial node.
    Commercial Type:
    Industrial Property
    Web Reference:
    AUCT-002782
    List price:
    POA
    Address:
    6 Schenk Road, North Industria, Pinetown, eThekwini Metropolitan 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.

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    Muhammad Ali
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    Muhammad Ali

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