· Estimated Market Value: R 2 650 000
· Auction Date: Thursday, 3 September 2026
· Auction Time: 12:30 PM
· Auction Venue: On-site Auction – Unit 1 SS Lezar House, 18 Penzance Street, New Redruth
· Property Address: Unit 1 SS Lezar House, 18 Penzance Street, New Redruth
· Property Type: Commercial
· Sub-Type: Sectional Title
· Erf Size: 1983 m²
· Floor Size: 260 m²
· Reason for Sale: Urgent disposal
Key Features:
· Reception and client waiting area
· Three executive offices, two double offices and two open-plan work areas
· Dedicated filing and records room for secure document storage
· Modern kitchen and neat bathroom facilities
· Quality carpeting and oak wood-panelled finishes throughout
· Sound-absorbing ceiling panels and energy-efficient LED lighting
· Air conditioning throughout for year-round comfort
· Covered outdoor patio with AstroTurf for staff breakaway and informal meetings
· Comprehensive security: alarm linked to armed response, palisade fencing, remote-controlled access gate and intercom-controlled entrance
· Inverter backup power included in the sale
Property Description:
Positioned within the prominent Lezar House landmark building in the heart of New Redruth’s established commercial precinct, this premium 260 m² sectional-title commercial suite presents an outstanding opportunity for owner-occupiers and investors alike. The ground-floor unit enjoys excellent visibility from Penzance Street, with client access through an attractive covered glass entrance.
Zoned General Business, the suite is ideally suited to professional offices, medical consulting rooms, healthcare practices, wellness clinics or financial service providers. The thoughtfully planned interior comprises a reception and client waiting area, three executive offices, two double offices and two open-plan work areas, together with a dedicated filing and records room, a modern kitchen and neat bathroom facilities. Quality carpeting, oak wood-panelled finishes, sound-absorbing ceiling panels, energy-efficient LED lighting and air conditioning throughout complete a professional and welcoming working environment, further complemented by a covered outdoor patio with AstroTurf for staff breakaway and informal meetings.
The property is further enhanced by comprehensive security, comprising an alarm system linked to armed response, secure palisade fencing, a remote-controlled access gate and an intercom-controlled entrance, together with inverter backup power included in the sale to ensure business continuity during outages. The suite is presently let to an established blue-chip financial services tenant, offering investors immediate rental income and an attractive net investment opportunity, or the potential for owner-occupation on transfer. With the seller citing urgent disposal, this is a genuine opportunity to secure a premium commercial asset in a sought-after New Redruth location.
