R 2 500 000
calculate bond costs

585 m² Commercial space in Pinetown Central

585 m²

COMMERCIAL SPACE FOR SALE IN PINETOWN CBD

Seize the opportunity to invest in a thriving commercial property currently leased by a private school. Located in the sought-after Hozani Building on Hill Street, Pinetown, this property is an ideal investment with a secure income stream.

PROPERTY HIGHLIGHTS:

Leased by a Private School: The current tenant is a private school with a four-year lease. They are happy to renew and sign a long-term lease, ensuring a stable rental income.

Current Rental Income: R20,610.00 per month.

Security: 24-hour manned security and access control, providing a safe environment.

Versatile Space: The property is split into two sections, both of which can be utilized as office spaces in the future.

SECTION ONE:

- 8 spacious classrooms

- Teachers'' lounge

- Two offices

- Store room

- Kitchen

- Private staff toilet

- Student toilets

SECTION TWO:

- Entrance hall

- 3 large classrooms

- Kitchen

- Toilet

This commercial space offers a unique opportunity for investors seeking a reliable income with the flexibility of converting the space for future office use. In the heart of all amenities, on the bus and taxi route, upstairs from all the shops, next door to major prime Shopping Centres, walking distance to major Super Markets and so much more. Dont miss out on this prime investment in Pinetowns bustling Hill Street area. Contact us today for more information or to arrange a viewing.

Property details

  • Listing number T4649660
  • Property type Commercial
  • Listing date 24 May 2024
  • Floor size 585 m²
  • Rates and taxes R 890
  • Levies R 1 070

Photo gallery