R5,900,000
R5,900,000
Monthly Levy
R0.01
Special Levy
R0.01
Monthly Rates
R2,400
Total
R2,400.02
Investment Property in PMB Central
Web Ref.
CLS3654
Currently Zoned Residential This expansive property in Pietermaritzburg Central presents an outstanding investment opportunity, ideal for a range of business applications. The property features two primary office buildings on separate erfs, alongside additional accommodation options that offer versatile rental potential.
Main Building 1 (Newly Renovated):
• Purpose: Ideal for medical professionals, this building has been recently renovated to high standards.
• Reception Area: A welcoming space that sets a professional tone for visitors.
• Office Layout: Comprises four spacious offices designed to support various business operations.
• Additional Spaces: Includes a versatile room usable as additional office space or for storage.
• Amenities: Equipped with two bathrooms and a kitchen to accommodate daily needs.
Main Building 2 (Renovation Potential):
• Current State: Awaiting minor renovations, this building offers huge potential to be customized according to the buyer's needs.
• Possible Setup: Can be configured similarly to Main Building 1, making it perfect for expanding operations or diversifying use.
Rental Accommodation:
• Variety of Units: This property includes a range of rental options:
• Large Room: Spacious room for a tenant.
• 9 Units: Each with individual toilets and showers, providing privacy and convenience.
• 4 Units: Currently sharing a communal bathroom. These could be easily modified to include private bathrooms, enhancing appeal and rental value.
• Communal Facilities: Features a communal bathroom equipped with two showers and a toilet, serving the shared units.
Located in a good area of Pietermaritzburg, this property not only offers direct business potential but also acts as a lucrative investment with multiple income streams. Its flexible accommodations and location make it a unique opportunity in a key urban centre.
Main Building 1 (Newly Renovated):
• Purpose: Ideal for medical professionals, this building has been recently renovated to high standards.
• Reception Area: A welcoming space that sets a professional tone for visitors.
• Office Layout: Comprises four spacious offices designed to support various business operations.
• Additional Spaces: Includes a versatile room usable as additional office space or for storage.
• Amenities: Equipped with two bathrooms and a kitchen to accommodate daily needs.
Main Building 2 (Renovation Potential):
• Current State: Awaiting minor renovations, this building offers huge potential to be customized according to the buyer's needs.
• Possible Setup: Can be configured similarly to Main Building 1, making it perfect for expanding operations or diversifying use.
Rental Accommodation:
• Variety of Units: This property includes a range of rental options:
• Large Room: Spacious room for a tenant.
• 9 Units: Each with individual toilets and showers, providing privacy and convenience.
• 4 Units: Currently sharing a communal bathroom. These could be easily modified to include private bathrooms, enhancing appeal and rental value.
• Communal Facilities: Features a communal bathroom equipped with two showers and a toilet, serving the shared units.
Located in a good area of Pietermaritzburg, this property not only offers direct business potential but also acts as a lucrative investment with multiple income streams. Its flexible accommodations and location make it a unique opportunity in a key urban centre.
Features
Zoning
Interior
Sizes
Additional Amenities
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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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators: