Blue Chip Retail Investment In The Heart Of Durban CBD

Section 1 SS Pixley House, 396 Dr Pixley Kaseme (West) Street, Durban CBD

Section 1 Extent: ± 9 270 m² | Gross Lettable Area: ± 9 149 m² | Gross Annual Income: ± R12.155 Million | Game Premises: Flagship Multi level Game Store as Anchor tenant – Lease expiry December 2030; Basement Level: extensive storage area, loading ramps, stock lift, Ground & First Floors: ±3 000 m² each floor with dual streetf rontages; Second Floor: Staff and Ablution Facilities; Purpose built retail infrastructure with large floor plates and comprehensive back of house facilities | Additional retail tenancies (Sportscene, Sterns & MTN) | High exposure with high foot traffic

Durban, KwaZulu-Natal

Location
Strategically positioned at 396 Dr Pixley KaSeme (West) Street, Durban CBD, this landmark 9,149 m² sectional title retail property occupies a prime position within one of the city's busiest retail and commercial corridors. Forming part of SS Pixley House, the property has been a well-established retail destination for decades and benefits from exceptional prominence within Durban's vibrant Central Business District.

Accessibility
The property enjoys outstanding accessibility via Durban's major arterial routes and is conveniently located within walking distance of key public transport facilities, including taxi ranks and bus routes. Its central location ensures seamless access for shoppers, employees and service providers, while the high volume of daily pedestrian traffic further enhances its retail appeal.

Features
• Approximately 9,149 m² of retail space spread over two floors.
• Sectional title unit forming part of SS Pixley House.
• Anchored by Game Stores, a national retailer occupying the premises for over 40 years, with a lease in place until December 2030.
• Additional income generated from Sportscene and a telecommunications communication tower.
• Proven multi-tenanted investment with diversified rental income.
• Large open-plan retail floorplates designed to accommodate high customer volumes.
• Established long-term tenancy history within Durban's CBD retail market.

Branding Exposure
The property enjoys exceptional exposure along the prominent Dr Pixley KaSeme (West) Street frontage, one of Durban CBD's busiest retail thoroughfares. Its commanding street presence, extensive frontage and continuous pedestrian and vehicular traffic provide outstanding branding and advertising opportunities, making it an ideal location for national retailers seeking maximum market visibility.

Potential Uses
While currently configured as a successful multi-tenanted retail investment, the property's size, layout and prime CBD location present opportunities for a variety of future uses, subject to the necessary approvals. These may include:
• Large-format retail
• Department store or flagship retail outlet
• Mixed-use commercial redevelopment
• Multi-tenanted retail centre
• Wholesale and cash-and-carry retail
• Lifestyle or value retail destination
• Institutional or owner-occupier investment

Surrounding Area
Situated in the heart of Durban CBD, the property is surrounded by a vibrant mix of national retailers, financial institutions, government offices, hotels, restaurants and commercial businesses. The area benefits from high daily commuter volumes, excellent public transport connectivity and a well-established retail environment that continues to attract shoppers from across the greater Durban region. The property's location within this thriving commercial precinct further reinforces its long-term investment appeal and income-generating potential.

Commercial Type:

Commercial Building

Web Reference:

AUCT-002766

List price:

POA

Address:

Section 1 SS Pixley House, 396 Dr Pixley Kaseme (West) Street, Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal

Auction Venue:

Mount Edgecombe Country Club

Auction Date:

27 August 2026 11:00 am

Auctioneer:

Andrew Miller

Auction Terms and Conditions:
R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required DISCLAIMER: Website listings are for information purposes only and remain subject to change, amendment, correction or withdrawal at any time prior to the auction. As further information becomes available, revised listings will be published from time to time. It may not be possible to identify, track or specifically draw attention to every amendment or revision. The final brochure and Conditions of Sale, as issued to each registered bidder via email and/or WhatsApp prior to or on the day of the auction, shall constitute the final, governing and binding documentation applicable to the auction and the sale of the property. It is each Purchaser’s sole onus and responsibility to ensure that he has received, read, understood and agreed to the final brochure and Conditions of Sale and to bid and purchase strictly in accordance therewith. Registration for the auction shall constitute deemed acceptance of the final documentation as issued.

AUCT-002766 | On Auction