Ref No. 47171 Mixed-Use Re-Development Property, Under the Hammer in Pinetown

We Invite all property buyers looking for unbeatable value, to secure their next winning asset.

Development Opportunities:

• Industrial Development
• Retail Development
• Residential Development

Web #: https://www.in2assets.co.za/property/4602/commercial-mixed-use-commercial-auction-kwazulu-natal-ethekwini-metropolitan-municipality-new-germany/2641

Ref No: 47171
Auction Date & Time: 18th September 2025 @ 11am
Auction Venue: Mount Edgecombe Country Club, Gate 2, 1 Golf Course Drive, Mount Edgecombe
Viewing: By Appointment
Registration Fee: R 50 000 (Refundable registration deposit. Strictly by EFT)

The Seller is not Vat registered – Transfer Duty payable

General:

• Property Address: 126 Crompton Street
• Township & Province: Pinetown, Kwa-Zulu Natal
• Google Pin: https://maps.app.goo.gl/YxRrx7FFG8JaCgNS6 
• Total Combined Site Extent: 7 952 m²
• Power: 100 amps

Property 1:

• Title Deed Description: Portion 1 of Erf 2019 Pinetown
• Extent: 6 052 m²

Property 2:

• Section Number & Scheme Name: Section 3 SS Stanley Road
• Extent: 74 m²
• Scheme Number & Year: 451/1997

Exclusive Use Area:

• Section Number & Scheme Name: EUA 3 SS Stanley Road
• Extent: 1 826 m²
• Scheme Number & Year: 451/1997
• Property 2 & EUA Erected on: The Remainder of Erf 2019 Pinetown

Town Planning Information:

• Zoning: Light Industry
• F.A.R: 1.4
• Coverage: 70 %
• Height: 6 Storeys
• Building Lines: 7.5 m
• Side Space: 2.0 m
• Rear Space: 2.0 m
• Parking Requirements: Depends on use

Expenses:

• Portion 1 of Erf 2019 Pinetown: The assessment rates for the year 2025/2026 amounts to R411 653.52, which equates to a monthly figure of R34 304.46.
• Section 3 SS Stanley Road: The assessment rates for the year 2025/2026 amounts to R18 269.52, which equates to a monthly figure of R1 522.46.
• Total Monthly Rates: R35 826.92
• Total Annual Rates: R429 923.04