40-yr Notarial Lease | 385 M2 Improvements On 1,400 M2 Site | R55,000 Pm (excl. Vat) | Redevelop To Spec (subject To Approvals). Info Pack On Request.

Ref # 2423416 : Pinetown Central » Pinetown » Kwazulu Natal

R 55,000 /m

Ashish Saniparsad

Property Specialist
Tel: 0824517789
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Property Details

This is a long-term commercial site to let in Pinetown offered on a 40-year notarial lease. The asset comprises existing improvements of approximately 385 m2 set on a 1,400 m2 site with prominent Josiah Gumede frontage adjacent to CTM. Tenant may redevelop or upgrade to their specification subject to landlord and municipal approvals.

Operator-focused, long-term leasehold opportunity on a high-exposure Josiah Gumede arterial in Pinetown.

Key features:

Lease term: 40-year Notarial Lease (rental only - not for sale)

Building size: 385 m2 (approx)

Land size: 1,400 m2 (approx)

Rental: R55,000 pm (excl. VAT) | Escalation 5% p.a.

Tenant responsible for municipal charges and utilities (metering arrangement TBC - details in info pack)

Zoning: IPTN Mixed Use 1 - broad commercial uses (filling station excluded)

Environmental / fuel legacy: Former service station - tank decommissioning/environmental compliance documents supplied in the info pack

Redevelopment: Tenant may redevelop/upgrade to own specification subject to landlord & municipal approvals

Ideal for showroom / brand-front retail, vehicle support / workshop, logistics / service yard or quick-service concepts (drive-throughs subject to approvals). Also suited to corporate tenants seeking long-term site control and build-to-spec occupation.

Request the full info pack or schedule a private walkthrough with me now.

Property Features

  • Property Type Mixed Use
  • Building Size 385m²
  • Stand Size 1,400m²

Other

  • Fibre Internet
  • Easy Highway Access
  • Natural Light
  • Nearby Public Transport
  • Yard Space

Location