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.
