AUCT-002666 | On Auction

Commercial Property within Newcastle CBD

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17 February 2026 | 11:00:00 am

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    2026-02-17 11:00:00
    Commercial Property within Newcastle CBD

    34 Voortrekker Street, Newcastle CBD, KwaZulu-Natal

    Site Extent: ± 1 279 m² | Gross Building Area: ± 2 443 m² | Gross Annual Income: ± R2.82 Million | New 3 year lease signed with National Tenant | Potential for conversion inro a car showroom, retail supermarket etc | Currently B Grade Offices – Recently upgraded

    Newcastle, KwaZulu-Natal


    This double-storey commercial property at 34 Voortrekker Street, stands prominently within the bustling core of the Newcastle CBD—an address synonymous with business confidence, high foot traffic, and strategic accessibility.

    Recently upgraded the building offers a combined gross building area of approximately 2,443m², comprising 1,216m² on the ground floor and 1,227m² on the upper floor, all positioned on a 1,279m² site zoned General Commercial (Core Mixed Use).

    Its flexible zoning, superior visibility, and robust infrastructure create an outstanding opportunity for both investors and end-users seeking presence in a key economic hub.

    Prime Features & Building Composition
    The property is currently configured as well-appointed B-grade office accommodation, benefitting from modern finishes, upgraded internal spaces, and efficient layouts that cater to administrative, call centre, or professional service environments. Its double-storey design ensures an optimal ratio of lettable floor plate to site area, with the upper floor offering expansive office space, training facilities, or corporate operational areas.

    The ground floor, with municipal consents and approvals, can be seamlessly converted into a dynamic retail offering opening the opportunity for anchor retailers, supermarkets, banks, specialised stores, or service-based operators to capitalise on the CBD’s heavy pedestrian and vehicular activity.

    Accessibility & Surrounding Environment
    Positioned within the heartbeat of Newcastle’s commercial core, the property enjoys unrivalled accessibility from all major arterials feeding into the CBD. Voortrekker Street itself forms one of the central spines of the district, ensuring continuous movement of shoppers, commuters, and local businesses. The immediate surrounding area is characterised by a vibrant mix of national retailers, leading banks, government offices, and established commercial nodes that collectively drive constant activity.

    Public transport is easily accessible, with taxis and buses operating along key routes in close proximity. The property further benefits from a substantial municipal parking nearby—an essential advantage for staff, customers, and high-volume commercial users. Note that the Municipal parking does not form part of the sale of the property

    Location Strengths & Branding Exposure
    The building’s street-front positioning offers outstanding branding exposure with wide façades facing one of the city’s busiest thoroughfares. This high-visibility frontage ensures any occupant or retailer secures continuous exposure to thousands of daily passers-by—ideal for brand reinforcement, corporate visibility, or retail promotion.

    Potential Uses Under Core Mixed-Use Zoning
    The flexible General Commercial (Core Mixed Use) zoning opens a breadth of utilisation options, including:

    • Retail outlets and showrooms
    • Financial institutions and corporate offices
    • Medical suites or wellness facilities
    • Educational centres, training colleges, or skills development hubs
    • Government or administrative offices
    • Call centres or shared-services hubs
    • Customer-facing service businesses

    This zoning ensures the property remains future-proofed, adaptable to shifting market demands, and highly appealing to a wide tenant base.

    Tenancy & Investment Appeal
    The property is currently under lease to a reputable national tenant with a new 3-year agreement running until 2028, providing immediate and stable income security.

    Conclusion
    34 Voortrekker Street presents a rare combination of scale, location, flexibility, modern upgrades, and guaranteed income—all within one of Newcastle’s most established commercial corridors. Whether viewed as a secure investment, a redevelopment opportunity, or a flagship retail/office destination, the property stands as a high-value asset with long-term growth potential and unmatched CBD exposure.
    Commercial Type:
    Commercial Building
    Web Reference:
    AUCT-002666
    List price:
    POA
    Address:
    34 Voortrekker Street, Newcastle, Amajuba District Municipality, KwaZulu-Natal
    Auction Venue:
    Mount Edgecombe Country Club

    Auction Date:
    17 February 2026 11:00 am



    Auctioneer:
    Andrew Miller
    Auction Terms and Conditions:
    R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required

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    Property Agent
    Virend Deonarain
                                        In2assets Representative

    Virend Deonarain

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