R 5 900 000
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780 m² Commercial space in Pietermaritzburg Central

1 792 m² 780 m²

Investment Property in PMB Central

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.

Property details

  • Listing number T4634520
  • Property type Commercial
  • Erf size 1 792 m²
  • Floor size 780 m²
  • Rates and taxes R 2 400
  • Levies R 0

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