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Business for sale in Pongola

231 Waal Street
7813m² Commercial Property In Pongola, Kzn On Auction

7813m² Property in Pangola, Kwa-Zulu Natal with Rental Income Potential GOING ON AUCTION


Property Description:

Property consists of three properties, which can be sold together or two together and one separate, as there is a building built on both portion 5&6.

*Portion 4*

- Property used a scrap metal recycling plant, with various improvements: - Business to be auctioned (Assets to be sold with the business: General contents of scrap metal plant (including all machinery), Contents of offices & weighbridge, 2017 Isuzu KB 300 EXT/Cab LX, 1993 Busaf Trailer, 1993 Interlink Trailer, 2008 FAW 18.180fd T/T C/C with crane, Suzuki Loaf Bus, All scrap metal material, 1990 Mercedes Benz.

- Building with upper office space which can also be converted into three small flatlets.

- Bottom office space with some workspace & office space

- Various buildings / space which are rented out which must not be auctioned - monthly rental income

*Portion 5 & 6*

- Two Adjacent Properties with one building of 48m x 15m built on both of the properties. The building is divided into 8 “units” of 90m2 each. Currently only one of the units is being rented out, with a rental income of R11,000.00p/m.

- Miss Tissue - Toilet Roll Manufacturing Machine with additional machinery to manufacture and package toilet rolls - (Business to be auctioned) Assets to be sold with the business: All stock on shelves & office, contents / equipment, Toilet Paper Machine, Toilet Paper Saw

- General Dealer (Business to be auctioned)

- Pongola Fire Extinguishers - (Business to be auctioned)

- Lighting Shop – (Not part of auction – space rented)

Contact us today for more information and to register for the auction!

"Price is just an indication. 10% Deposit payable on offered amount. Information provided as received from Seller. Neither the Agent nor the Seller warrants or guarantees the correctness of any information provided whatsoever. T & C’s apply. Please send ID and proof of residence with offer."

Property Type
Stand Size
231 Waal Street
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business listed on 03 Oct 2022