SALE BY TENDER – Pietermaritzburg Property: In CBD 212 Langalibalele Street & 20 Club Lane

SUBMIT YOUR TENDER

Premium Government-Tenanted Commercial Investment
Address: 212 Langalibalele Street & 20 Club Lane, Pietermaritzburg CBD, KwaZulu-Natal
Premium CBD Investment | Government-Tenanted | Sold as One Indivisible Going Concern

Peter Maskell Auctions is pleased to present an exceptional opportunity to acquire two strategically located commercial properties in the heart of Pietermaritzburg's Central Business District. Offered together as one indivisible going concern, this landmark investment portfolio provides secure government-backed rental income together with significant long-term capital growth potential.

Occupying a prominent position between Langalibalele Street and Club Lane, the properties comprise an attractive office building, interconnected commercial improvements, extensive parking facilities and established office accommodation designed to meet the requirements of large institutional occupiers.

Investment Highlights

• Prime Pietermaritzburg CBD location
• Sold as one indivisible going concern
• Fully tenanted by the Provincial Government of KwaZulu-Natal
• Gross Building Area: ±3,485 m²
• Gross Lettable Area: ±3,268 m²
• Secure covered parking for 45 vehicles
• Landmark heritage commercial building
• Established government lease
• Excellent long-term investment potential
• Strong income-producing asset

The portfolio comprises two adjoining commercial properties that function as a single integrated office complex.
Property A: 212 Langalibalele Street - Portion 13 of Erf 2621 Pietermaritzburg

Key features include:

• Prime Pietermaritzburg CBD location
• Government-occupied commercial premises
• Approximately 4,351m² Gross Building Area
• Approximately 3,268m² Gross Lettable Accommodation
• 45 covered parking bays
• Landmark heritage building
• Established income-producing investment

Together, the properties operate as a single commercial office complex accommodating one institutional tenant. The improvements provide spacious, functional office accommodation capable of supporting large-scale government or corporate operations.

Location

Situated within the established Pietermaritzburg Central Business District, the properties occupy a highly desirable commercial location with excellent accessibility and visibility.

The surrounding precinct is characterized by:

• Provincial Government offices
• Msunduzi Municipality offices
• Financial institutions
• Retail centres
• Professional firms
• Hotels and restaurants
• Public transport facilities
• Medical services
• Educational institutions

Convenient access to the N3 National Route further enhances the property's strategic position within KwaZulu-Natal.

For more info, contact Danielle on 033-397-1190 or email danielle@maskell.co.za