16
  • 08-2106
  • Auction ID
  • Zoning
  • Industrial
  • R7,000,000
  • Previously Listed At
  • R2,500,000
  • Opening Bid

Multi-Tenanted Industrial Investment Opportunity | 17 Ingwe Road, Sebenza

  • 26 Aug 2025 | 12h30

Auction Information

  • Auction ID AC-08-2106
  • Opening Bid R2,500,000
  • Previously Listed At R7,000,000
  • Auction Time 12h30
  • Auction Date 26 Aug 2025
  • Auction Type Onsite Auction

Summary

  • Title Deed No T6123/1969
  • Rates and Taxes ±R12 814.00
  • Levies TBA
  • Land Area 3 965m²
  • Improvements 1 527m²

Property Information

Property Overview

This fully-tenanted industrial property is located in the highly sought-after Sebenza industrial precinct, one of Gauteng’s most established light industrial hubs. The subject property at 17 Ingwe Road offers a prime investment opportunity with a diversified tenant base across three fully-let units.

The layout and building design have been optimized for mini-industrial users, each with a practical configuration that includes warehouse space, office components, and staff amenities. The structure is robust, accessible, and ready for continued income generation from day one.

Improvements & Layout

  • Total GLA: ±1,527 m²
  • 3 x Tenanted Units
  • Each unit includes:
    • Dedicated warehouse/workshop floor
    • Office space
    • Staff ablutions
    • Kitchenette facilities
  • Three-phase power supply
  • Adequate yard and turning space for truck access
  • Secure entry point with perimeter fencing

This functional, low-maintenance industrial facility caters perfectly to the increasing demand for flexible industrial space in the mini-industrial segment.

Income & Tenancy Profile

  • Gross Annual Rental Income: R716,988
  • All three units are fully tenanted
  • Tenants are up to date on rental payments
  • The layout allows for long-term tenant retention and reduced vacancy risk

Location & Accessibility

Situated in the thriving industrial zone of Sebenza, this property benefits from:

  • Immediate access to major arterial routes: N3, R24, R21
  • Close proximity to O.R. Tambo International Airport
  • Connectivity to key industrial areas including Edenvale, Isando, Jet Park, and Spartan
  • High visibility and strong market rental demand in the area

Sebenza remains a preferred node for logistics, light manufacturing, distribution, and engineering-related tenants.

Auction Terms

  • Auction Date: Tuesday, 26 August @ 12:30 PM (Onsite)
  • Viewing: From 11:30 AM or by appointment
  • All bidders must register to bid
  • The highest bidder will be required to pay a 10% deposit + VAT immediately after the fall of the hammer
  • The balance of the purchase price is to be secured via guarantees within 30 business days

Contact

For the full investor pack, floor plans, or to schedule a private viewing:

Marco Gaspar
📞 081 026 2295
📧 property@auctioncentral.co.za

Street Address

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Contact Information

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Disclaimer: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller, nor the Auctioneer, nor the broker shall be liable for any loss, damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof. The duty always rests on the purchaser to conduct his/her own due diligence inspections relating to the property/ies referred to herein to verify the information reflected. The purchaser’s participation in any auction or private treaty sale based upon such information shall be entirely at his/her own risk in acceptance of the preceding information