Secure Retail Investment In Newcastle CBD

20A Ayliff Street, Newcastle CBD

Extent: ± 1 761 m² | GLA: ± 1 800 m² | Gross Annual Income: ± R1.3 Million | Additional vacant space available | Secure long term lease in place until 31 May 2028, with a further 5-year renewal already granted to 31 May 2033 | Prime Newcastle CBD corner position with strong pedestrian and vehicular exposure | Walking distance to Village Walk, Victoria Mall and the main taxi/retail node | 3-phase power supply

Newcastle, KwaZulu-Natal

Strategically positioned at 20A Ayliff Street, Newcastle CBD, this tenanted retail property occupies a prime corner within one of Newcastle's busiest retail and commercial corridors. Set on an erf of approximately 1 761 m² (Portion 5 of Erf 499), the property has been an established retail destination and benefits from excellent prominence within the Central Business District.

Accessibility
The property enjoys outstanding accessibility via Newcastle's main arterial routes and sits within walking distance of key public transport, including the taxi rank and surrounding retail node. Its central location ensures seamless access for shoppers, staff and suppliers, while high daily pedestrian volumes further enhance its retail appeal. Three filling stations (Caltex, BP and TotalEnergies) are within 250 m.

Features
• Approximately ± 1 025 m² of income-producing space, a ± 893 m² retail butchery plus a ± 132 m² service yard.
• Additional vacant space offering immediate letting upside and value-add potential for an incoming investor.
• A recently constructed mezzanine storage floor, engineered for a 300 kg/m² packing load, adding valuable back-of-house storage.
• Let to Chester Butcheries (Pty) Ltd, with a lease running to 31 May 2028 and a further five-year renewal already granted to 31 May 2033.
• Annual rental escalation of 7%, providing built-in income growth.
• Tenant contributes 55% of municipal rates increases.
• 3-phase power supply on site.
• Established single-tenant retail investment with scope to grow income from the vacant space.

Branding Exposure
The property enjoys strong exposure along its Ayliff Street frontage, a prominent Newcastle CBD retail thoroughfare. Its corner presence, established retail frontage and continuous pedestrian and vehicular traffic provide excellent branding and advertising opportunities

Potential Uses
While currently configured as a successful 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:
• Continued retail / value retail
• Food, butchery or fresh-produce retail
• Large-format or convenience retail
• Mixed-use commercial redevelopment
• Owner-occupier retail with income
• Institutional or investor holding

Surrounding Area
Situated in the heart of Newcastle CBD, the property is surrounded by a vibrant mix of national retailers, financial institutions, government offices and commercial businesses, and is moments from Village Walk and Victoria Mall. The area benefits from high daily commuter volumes, excellent public-transport connectivity and a well-established retail environment that draws shoppers from across the greater Newcastle region, reinforcing the property's long-term investment appeal and income-generating potential.

Commercial Type:

Retail Space

Web Reference:

AUCT-002776

List price:

POA

Address:

20A Ayliff Street, Newcastle, Amajuba District Municipality, KwaZulu-Natal

Auction Venue:

Mount Edgecombe Country Club

Auction Date:

17 September 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-002776 | On Auction