🏭 Section 2:
• Factory + Small Office
• Yard Area
• Bonus: Extra land from council that can be enclosed
💼 Current Rental: R18,000pm from 1 tenant
🧳 Second tenant moving out soon – create your own setup or re-let!
📍 Excellent Street Exposure – Easy Access for Deliveries & Clients
💡 Ideal for light manufacturing, storage, logistics, or redevelopment
🔥 AUCTION DETAILS
📅 Thursday 8 May
⏰ 12:30PM (Viewing from 11:30AM)
📌 117 Terrace Road, Sebenza
👉 DM us to register or tag someone who needs to see this!
This is a rare industrial opportunity – don’t miss it!
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For more details:
📞 Contact Marco: 063 246 1938
✉ Email: property@auctioncentral.co.za
Description:
Ideal for Owner-Occupiers & Investors – Versatile Industrial Property with Dual Income Potential
This well-located and highly functional industrial property presents an outstanding opportunity in one of Sebenza’s most established industrial zones. Situated on Terrace Road, the property features a single building split into two independent sections, each with its own layout, utilities, and access—ideal for accommodating separate operations or generating multi-stream rental income. Whether you’re an owner-occupier looking for space to operate from or an investor seeking a strong-performing asset, this property ticks all the boxes.
Currently generating a total rental income of R36,000 per month (R18,000 per tenant), the asset offers stable returns with potential for upside. With one tenant vacating soon, the property also presents an excellent opportunity for partial owner-occupation or to negotiate a new lease at updated market rates.
Building 1 – Office & Factory Space with Mezzanine
This section of the property offers a well-laid-out combination of office and operational areas. Features include:
- A welcoming reception area
- Three well-sized offices, ideal for admin or management teams
- A kitchenette for staff use
- A spacious factory area with 40% mezzanine flooring, suitable for storage or workflow expansion
- A large upstairs office or storeroom with street-facing views
- A small private yard, perfect for deliveries or equipment
The space is currently tenanted, providing immediate rental income.
Building 2 – Workshop and Yard with Expansion Potential
This industrial section is well-suited to light manufacturing, warehousing, or workshop use. It includes:
- A covered rear yard/workshop area
- A functional factory floor for various industrial uses
- A compact admin office
- An outside toilet facility for staff
- Additional council-owned land adjacent to the property, which can potentially be palisaded to increase the usable area (subject to municipal approval)
With the current tenant vacating soon, this space is ideal for immediate owner-use or strategic re-letting.
Why This Property Works
- 📍 Located in the heart of Sebenza’s industrial hub
- 🏗️ Dual configuration – flexible for multiple tenants or a combination of use and income
- 💰 R36,000 monthly rental income with upside
- 🔧 Perfect for manufacturers, logistics operators, or investors
- 📦 Potential to expand footprint with adjacent council land
