1 550 m² Commercial space in Pietermaritzburg Central
Prime Commercial Space with High-Yield Investment Potential
This offering presents an exceptional opportunity for entrepreneurs and investors seeking a lucrative investment with a well-established tenant committed to a long-term lease, accompanied by a guaranteed 6.5% annual escalation.
The property boasts an impressive 1,550 sqm of under-roof lettable space, which includes a showroom, workshop, warehouse, various offices and ablution facilities. Investors can enjoy a 10%+ return on investment through consistent and substantial rental income.
Ideal for astute investors looking to diversify their portfolio, this property represents a high-yield asset in a prime location. This is a rare opportunity to capitalize on a thriving business venture with immense growth potential and secure a long-term financial gain.
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Property details
- Listing number T4777543
- Property type Commercial
- Erf size 1 829 m²
- Floor size 1 550 m²
- Rates and taxes R 9 000