The Ferrobank property is a large-scale industrial …, Witbank

The Ferrobank Petroleum Depot presents a rare opportunity to acquire a large-scale, strategically located industrial asset with embedded infrastructure and logistics advantages. With expansion potential and flexible industrial use, the property is well positioned for both owner-occupiers and institutional investors.The asset is ideally suited for fuel distribution, logistics, warehousing, and heavy industrial operations. Property Details • Property: Erf 19 & 20 Ferrobank • Location: Corner Schonland Drive & Einstein Street, Emalahleni • Property Type: Industrial Petroleum Depot Size Breakdown: • GBA: 26 415 m² • GLA: 25 790 m² • Land Size: 46 256 m² Improvements & Infrastructure The property is extensively improved and includes: • Fuel dispensing forecourt (retail and depot use) • Administrative office buildings • Staff facilities and ablutions • Workshop areas and storage facilities • Large-scale warehousing structures • Truck bays and truck wash facilities • Covered operational areas • Security and access control systems All buildings are structurally sound with practical industrial finishes, suitable for immediate operational use. Accommodation Breakdown • Warehouse (Internal Building): 16 577 m² (65.71%) • Office Building: 790 m² • Workshops & Stores: 781 m² • Additional Offices: 859 m² • Large Warehouse: 2 922 m² • Large Lean-to Structures: 1 908 m² • Carports / Lean-to Areas: 1 390 m² • Total Lettable Area: ±25 227 m² Key Features • Located in a prime industrial node • Direct access to major transport and logistics routes • Private rail sidings linked to Transnet lines (critical logistics advantage) • Industrial zoning allowing multiple heavy-use applications • Secure, controlled site Investment Highlights • Highly specialised asset with petroleum depot capability • Suitable for fuel distributors, logistics operators, and industrial users • Large erf allowing future expansion and increased storage capacity • Existing infrastructure reduces upfront capital expenditure • Property is currently vacant, allowing immediate occupation Acquisition Structure • Available as a standalone acquisition, or • Can form part of a broader portfolio transaction (package deal) with other Absa-held assets Confidentiality & Process Interested parties will be required to: • Sign a Non-Disclosure Agreement (NDA) • Upon signature, receive: o Detailed financial information o Technical reports o Site plans and operational data