R 8 600 000
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1 550 m² Commercial space in Pietermaritzburg Central
3
10
1 829 m²
1 550 m²
Exceptional opportunity for entrepreneurs seeking a lucrative investment venture with a well-established tenant committed for the long term at a agreed 6.5% escalation.
This property presents an impressive 1550 SQM under-roof lettable area, encompassing showroom, workshop, warehouse, a range of offices, and ablution facilities. Secure a 10%PLUS return on investment through the substantial rental income generated.
Perfectly suited for astute investors looking to diversify their portfolio and secure a high-yield asset in a prime location. This is a rare chance to capitalize on a thriving business opportunity with immense growth potential.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property details
- Listing number T4776618
- Property type Commercial
- Erf size 1 829 m²
- Floor size 1 550 m²
- Rates and taxes R 9 000
Property features
- Bathrooms 3
- Open Parkings 10