R15,000,000
R15,000,000
3,000m² Building For Sale in Pietermaritzburg Central
40
Covered
Sole Mandate
Ref. CLS2557
Land 1343.00m²
Floor 3000.00 m²
Monthly Repayment
R145,689.20
William Proudfoot
William Proudfoot Candidate Property Practitioner Seeff Pietermaritzburg PPRA Registered | FFC 20237148592
Colleen Veitch
Colleen Veitch Candidate Property Practitioner Seeff Pietermaritzburg PPRA Registered | FFC 202401071763081
Monthly Levy R0.01
Special Levy R0.01
Monthly Rates R29,045
Total R29,045.02

Commercial Properties in Pietermaritzburg's Central Business District

Web Ref. CLS2557
We are delighted to present an exceptional opportunity to acquire two commercial properties located in the vibrant Central Business District of Pietermaritzburg. Offering a prime location and an array of versatile features, these properties are perfect for investors seeking income generation or those looking to establish their presence in a bustling commercial hub.

Building 1:

This five-story building boasts a generous lettable area of 1,800 square meters, providing ample space for a variety of commercial or residential purposes. With its mixed-use zoning, the property offers flexibility and opens up opportunities for a range of business ventures. Additionally, the potential for road level retail further enhances the investment prospects. The building also offers 40 undercover parking bays, ensuring convenience and accessibility for both tenants and visitors.

Building 2:

Featuring a total area of 1,380 square meters, Building 2 is currently divided into 690 square meters of occupied office space. This section of the property generates a rental income of R67,000 per month, offering an attractive return on investment. The building is thoughtfully designed with essential amenities including a reception area, two toilets, a kitchen, canteen facilities, and a balcony. With air conditioning throughout the premises, tenants can enjoy a comfortable working environment. The property also includes two boardrooms and a generous number of offices, allowing for versatile utilization or the potential for multi-tenancy. Furthermore, there are 23 undercover parking bays, ensuring ample parking space for occupants.

Both properties benefit from their strategic location in the Central Business District, surrounded by a bustling commercial environment. The district offers excellent connectivity to major transport routes and is in close proximity to essential amenities, including banks, restaurants, retail centers, and government offices.

Don't miss this outstanding investment opportunity to acquire commercial properties in Pietermaritzburg's Central Business District. Whether you are an investor seeking a high-yield income property or a business owner looking to expand, these properties provide a solid foundation for success. Contact us today to arrange a viewing and explore the full potential of these versatile properties.

Features

Zoning
Commercial
Interior
Airconditioning
1 Kitchen
2 Bathrooms
2 Boardrooms
Exterior
Security
Sizes
Land Size 1,343 m²
Floor Size 3,000 m²
Parking Bays
40 Covered Parkings

Pietermaritzburg Central, Pietermaritzburg

If you are someone who enjoys the peace and quiet of small-town living with big city convenience, then Pietermaritzburg is the place for you. It is the capital of South Africa and the second-largest city in KwaZulu-Natal. Commonly abbreviated to the term PMB or Maritzburg in Afrikaans, this well-loved city offers a comfortable work-life balance for its locals. A brief history of the area The city was founded in 1838 and the Zulu name for it is umGungundlovu. This is the name used for the district municipality and it is currently governed by the Msunduzi Local Municipality. The city was initially founded by the Voortrekkers and has a rich heritage of being an important place in the fight against apartheid. Many struggle heroes...
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Finance

Total Amount Repayable
R0,00
Monthly Repayment
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