1,100m² Building For Sale in Pietermaritzburg Central

R8,500,000

Web Ref No CL4749

Prime Commercial Investment Opportunity in Pietermaritzburg Central

This established commercial building in Pietermaritzburg Central presents a stable, income-generating opportunity for discerning investors. The property currently benefits from a ground-floor tenant, ensuring immediate income stability while the upper floors provide expansion potential.

Property Features:

• 14 individual office suites located on the first floor, suitable for multi-tenant occupancy
• Multiple boardrooms available, supporting professional business functions
• Restrooms on-site for staff and clients
• Secure access to rear parking bays

Investment Highlights:

• Stable Tenant Base: Ground-floor tenant in place, providing consistent income stream
• Scalability: 14 upstairs offices offer strong leasing potential to professional businesses
• High-Demand Location: Situated in the heart of Pietermaritzburg Central, with high visibility and constant foot traffic
• Accessibility: Close to key transport routes, retail, and commercial hubs

This property provides an excellent opportunity for investors seeking a diversified commercial asset with both immediate returns and long-term growth potential.

Features

Zoning Commercial
Covered Parkings 21
Monthly Rates R16,900.00pm Excl. VAT
Floor Size 1,100m²
Land Size 1,104m²
Air Conditioning Yes