This prime retail centre stands as a beacon of commerce and convenience. Boasting a strategic location in one of KwaZulu-Natal's key urban hubs, the property is anchored by reputable tenants, including JET (Foschini) Clothing Store and Check Save Supermarket, a fast-growing provincial retailer. There is also a smaller clothing outlet, RFO, sublet from JET. JET and Check Save Supermarket are secured with 2- and 4-year leases respectively, ensuring a steady income stream and tenant commitment.

Each tenant space features a meticulously maintained, modern setup designed to maximize functionality and customer experience. Neatly partitioned interiors, including drywall offices for administrative and staff functions, enable seamless operations for each retailer. The high glass windows not only provide abundant natural light but also enhance visual merchandising, creating inviting storefronts that attract foot traffic. Roller shutter doors add an element of security, ensuring peace of mind for tenants.

The property boasts delivery entrances at the rear, ensuring streamlined logistics for retailers without disrupting customer flow. Ample parking at the rear, supplemented by additional spaces in the adjacent shopping centre, guarantees convenience for shoppers and staff alike.

Positioned in a high-traffic area, the centre enjoys exceptional exposure to both vehicle and pedestrian flows, making it an ideal location for retailers seeking maximum visibility for branding and promotions.

For retailers seeking an opportunity to thrive in a bustling environment or investors aiming to capitalize on a prime location, this retail centre represents an unparalleled prospect in Newcastle's growing market.

It should be noted that there are no movable assets included in the sale of the property, including the CCTV cameras, stock, alarm systems, equipment, counters and tills and inverters, to name a few. It should be further noted that buildings air-conditioning system has been de-commissioned and the cassette type airconditioning within the tenanted premises belong to the tenants. The Purchaser will be liable to re-instate the buildings air-conditioning system back into working order at his costs.

Newcastle CBD is a thriving hub of commerce and activity, featuring a mix of retail, dining, and professional services that cater to diverse needs. The area’s well-established infrastructure and proximity to major arterial routes make it a central destination. Allen Street itself is a key artery, lined with vibrant storefronts such as Truworths, KFC and Boxer to name a few, ensuring maximum exposure for businesses. The surrounding areas amplify the property’s appeal.

Positioned in the bustling heart of Newcastle CBD, 49 Allen Street stands as a strategic commercial investment property that boasts unparalleled visibility, accessibility, and convenience. Positioned along the vibrant Allen Street, this property enjoys constant foot and vehicle traffic, a hallmark of its prime urban location. Flanked by prominent tenants such as Jet, Check Save, and a clothing outlet, the property attracts a steady stream of shoppers, further cementing its status as a retail hotspot.

Located at the corner of Allen Street and Scott Street, the dual-frontage design allows seamless entry from both Allen Street and Scott Street. The Scott Street access leads directly to the Village Walk Shopping Centre at the rear, where there is ample parking facilities. This integration with the Village Walk enhances customer flow and creates a cohesive shopping experience for the Newcastle community.