NEW
UNDER OFFER
TENDER
Web Ref CL35100
POA
FOR SALE BY TENDER 23 OCT 2026 - Grand Palace Office Building, Secunda, Mpumalanga
8514 Heunis Street, Secunda Central Ext 25, Mpumalanga
An attractive opportunity to acquire a well-established commercial office investment in the heart of Secunda, offering an established tenant base, strong income generation and further upside through available space.
The Grand Palace Building comprises approximately 7,299 m² of freehold commercial space situated on a 9,180 m² erf, with the property offering a range of office accommodation across three floors together with rooftop telecommunications infrastructure.
The building benefits from a diverse mix of established occupiers, including recognised names such as ABSA, FNB, Discovery, Sasol, SANBS and Crane International Academy, complemented by telecommunications installations occupied by major network operators.
This tenant diversity provides a broad commercial base while the property's office configuration allows it to accommodate a variety of professional, corporate, medical and service-related users.
At approximately 78% occupied, the property provides an existing income stream while retaining vacant space that presents an opportunity for a purchaser to increase occupancy and enhance future rental income.
The available accommodation provides scope to reposition and lease space according to prevailing market demand, offering an investor the potential to improve the property's overall income performance over time.
Situated on Heunis Street in Secunda Central Ext 25, the property occupies a prominent position within an established commercial and retail node.
The location benefits from strong connectivity to Oliver Tambo Drive, the R101 and N17, providing convenient access to Johannesburg and surrounding regional markets. The property is also within close proximity to Secunda Mall, Secunda Mediclinic and municipal services.
Secunda's commercial activity is supported by the area's established industrial economy and proximity to the Sasol complex, underpinning ongoing demand for quality office accommodation.
The property provides secure on-site parking, controlled access and well-maintained internal circulation areas, making it a practical commercial environment for both tenants and visitors.
The combination of an established tenant base, prominent location, available space and additional telecommunications income makes the Grand Palace Building an attractive proposition for investors seeking a commercial income-producing asset with further growth potential.
GLA: ±7,299 m²
Erf Extent: ±9,180 m²
Occupancy: ±78%
Established commercial office investment
Strong and diversified tenant profile
High-profile corporate and institutional occupiers
Further income upside through available office space
129 allocated basement and ground-floor parking bays
Rooftop telecommunications income
Secure, enclosed property with controlled access
Prominent location with excellent visibility and accessibility
Information packs available on request
TENDER CLOSE 23 OCT 2026
An attractive opportunity to acquire a well-established commercial office investment in the heart of Secunda, offering an established tenant base, strong income generation and further upside through available space.
The Grand Palace Building comprises approximately 7,299 m² of freehold commercial space situated on a 9,180 m² erf, with the property offering a range of office accommodation across three floors together with rooftop telecommunications infrastructure.
The building benefits from a diverse mix of established occupiers, including recognised names such as ABSA, FNB, Discovery, Sasol, SANBS and Crane International Academy, complemented by telecommunications installations occupied by major network operators.
This tenant diversity provides a broad commercial base while the property's office configuration allows it to accommodate a variety of professional, corporate, medical and service-related users.
At approximately 78% occupied, the property provides an existing income stream while retaining vacant space that presents an opportunity for a purchaser to increase occupancy and enhance future rental income.
The available accommodation provides scope to reposition and lease space according to prevailing market demand, offering an investor the potential to improve the property's overall income performance over time.
Situated on Heunis Street in Secunda Central Ext 25, the property occupies a prominent position within an established commercial and retail node.
The location benefits from strong connectivity to Oliver Tambo Drive, the R101 and N17, providing convenient access to Johannesburg and surrounding regional markets. The property is also within close proximity to Secunda Mall, Secunda Mediclinic and municipal services.
Secunda's commercial activity is supported by the area's established industrial economy and proximity to the Sasol complex, underpinning ongoing demand for quality office accommodation.
The property provides secure on-site parking, controlled access and well-maintained internal circulation areas, making it a practical commercial environment for both tenants and visitors.
The combination of an established tenant base, prominent location, available space and additional telecommunications income makes the Grand Palace Building an attractive proposition for investors seeking a commercial income-producing asset with further growth potential.
GLA: ±7,299 m²
Erf Extent: ±9,180 m²
Occupancy: ±78%
Established commercial office investment
Strong and diversified tenant profile
High-profile corporate and institutional occupiers
Further income upside through available office space
129 allocated basement and ground-floor parking bays
Rooftop telecommunications income
Secure, enclosed property with controlled access
Prominent location with excellent visibility and accessibility
Information packs available on request
TENDER CLOSE 23 OCT 2026
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
7,299m²
Land Size
9,180m²
