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R10,000,000

House for sale in Alexander Park

6 Baths
1,450m²
Multiple Income Stream Warehouses On Main Rd Facing To Sell.

Fantastic opportunity to own a multiple income stream passive income property on Pinetown/New Germany`s main hussling bussling business street. All prepaid electric. Water reading done monthly. 65m Tenant on a 1 year lease R7K, 300m R21 tenant on lease, 180m R15K lease & can connect to another unit to make a larger space, 75m office tenanted R6K, Back alley 150m R9K needs a tenant & can connect to another unit to increase size and access, Upstairs 500m R35K has spray booth, chasis straigh machine, panel shop, 200m R21K tenanted Basement. Land size 1650. Entire ground 750m + basement 200m + upstairs 500m = R1450m.

Property Type
House
Bathrooms
6
Building Size
1,450m²
Reference
PC1424736
Property history
Listed for sale at R10,000,000
26 Aug 2025
Get to know Pinetown
Named after the governor of Natal, Sir Benjamin Pine, forms part of the larger eThekwini municipality. The actual Pinetown area extends from Cowies Hill in the east through to Manors in the west. Pinetown’s Old Main Road (Road (now Josiah Gumede) is jam-packed with car dealership companies, resulting in its affectionate nickname of “motor town”.
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