R5,900,000
R5,900,000
780m² Building For Sale in Pietermaritzburg Central
Ref. CLS3654
Land 1792.00m²
Floor 780.00 m²
Monthly Repayment
R58,427.19
William Proudfoot
William Proudfoot Candidate Property Practitioner Seeff Pietermaritzburg PPRA Registered | FFC 20237148592
Skye Gahagan
Skye Gahagan Candidate Property Practitioner - Sales Seeff Pietermaritzburg PPRA Registered | FFC 20237762311
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.

Features

Zoning
Commercial
Interior
Sizes
Land Size 1,792 m²
Floor Size 780 m²
Additional Amenities
24 Hour Access

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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