AUCT-002800 | On Auction

PORTFOLIO DISPOSAL: AAA Grade Blue-Chip Tenanted Commercial Property In Pinetown CBD

Until Our Next Auction
22 October 2026 | 11:00:00 am

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    2026-10-22 11:00:00
    PORTFOLIO DISPOSAL: AAA Grade Blue-Chip Tenanted Commercial Property In Pinetown CBD

    1 Church Lane, Pinetown CBD

    Site Extent: ± 3 237 m² | Total GLA: ± 2 169 m² | Gross Annual Income: ± R4.5 Million (Excluding recoveries) | 3 x Tenants | Well maintained property | 98 Secure on-site parking bays | High visibility – 3 road frontages | First ABSA branch in KZN to offer Home Affairs services

    Pinetown, KwaZulu-Natal


    Positioned prominently at the corner of Church Lane, School Road and Josiah Gumede (Old Main) Road in Pinetown CBD, this iconic double-storey commercial property presents a well-maintained, income-producing investment anchored by ABSA, occupying approximately 1,097m² of the ground floor, purpose-configured with the service departments, infrastructure and operational requirements suited to its organisation. This is the first ABSA branch in KZN to offer Home Affairs services for smart ID card and passport applications.

    A lift services the first floor, which accommodates two established tenants, including Legal Aid SA, a national government tenant strategically positioned in close proximity to the Pinetown Courts, and a second tenant namely Sigma Academy occupying approximately 540m², whose current lease expires in January 2027.

    The property offers 46 open parking bays and 52 covered bays, individual water meters for each tenant, smart post-paid electricity meters for each tenant, approved building plans and an occupation certificate. Fire-fighting equipment and lift servicing are maintained and up to date. Rentals are all up to date. All these factors contribute to the important investment fundamentals of this property.

    The building is very low maintenance due to its face-brick construction.

    The roof sheets were replaced in July 2026 with AZ200 ZincAL roof-sheets which has a 20 year warranty from SAFAL Steel (Pty) Ltd.

    The property is secured with steel palisade , barb wire and clear view fencing.

    Its prominent three-road position provides excellent exposure and accessibility, with potential for a variety of commercial uses, including retail, medical/professional offices, motor display area and other commercial applications, subject to the applicable zoning and special consents approvals. Uses such as fueling and service station would be subject to the necessary special consents and municipal approvals.

    The sale includes only the external CCTV cameras, air-conditioning units on the first floor and the lift as movable assets. All other movable assets situated within the 3 tenanted premises are specifically excluded from the sale, including all vaults, the generator, satellite dishes, fixtures, fittings, equipment and operational assets belonging to the 3 tenants.

    Legal Aid SA and ABSA Bank serve as key occupiers and service hubs for the surrounding area. Several ABSA branches in the surrounding vicinity have closed over the years, with those branches being consolidated at this property.

    Opposite the building in Josiah Gumede (Old Main) Road is a Go!Durban station. It has been reported that the Go!Durban service will go live in December 2026. The first service will operate along the C3 Corridor between Bridge City and Pinetown, connecting surrounding communities and providing the first operational component of the city's integrated public transport network. Buyers are advised to conduct their own enquiries and due diligence with regards to Go!Durban

    Strategically positioned in the heart of Pinetown CBD, 1 Church Lane is anchored by an established and exclusive ABSA branch that has served the area for more than 20 years. The branch has evolved into a key operational banking centre offering the full suite of ABSA bank offerings. It therefore services not only the immediate CBD pedestrian traffic and walk-in clientele, but a substantial catchment extending across Pinetown, Westville and its surrounding suburbs, Reservoir Hills, Cowies Hill, Wyebank and Kloof, as well as the established industrial nodes of Westmead and New Germany. With other ABSA banking branches in the surrounding area having closed over time, the property benefits from the continued presence of a long-standing banking operation that serves a broad and densely populated customer base.

    The property is situated within an established and highly active commercial environment comprising retail outlets, professional offices, financial institutions, residential neighbourhoods and major industrial precincts. Pinetown CBD functions as an important commercial and service hub for the wider Upper Highway and western areas of Durban, The proximity to Westmead and New Germany further strengthens the property's catchment.

    Excellent accessibility is a defining feature of the property, with 1 Church Lane benefiting from 3 road frontages. Its central Pinetown CBD position provides direct access to the surrounding commercial, residential and industrial areas, while established arterial routes connect the property efficiently with Westville, Kloof, New Germany, Westmead and the greater Durban area.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002800
    List price:
    POA
    Address:
    1 Church Lane, Pinetown, eThekwini Metropolitan Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    22 October 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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