R 5 800 000
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320 m² Commercial space in Pietermaritzburg Central

320 m²

PRIME INVESTMENT PROPERTY

PRINCE ALFRED STREET, PIETERMARITZBURG

A rare opportunity to own a large, income-generating property in the heart of Pietermaritzburgs sought-after Prince Alfred Street.

Currently home to three reliable, long-term tenants providing steady monthly income, this property offers excellent redevelopment potential for investors or developers looking to maximize returns.

Features & Highlights:

Prime location close to major hospitals, government buildings, and commercial hubs

3 long-term tenants with solid rental history

Approved plans available for a block of flats

Massive potential for conversion into:

oA Medical Centre

oResidential Flats

oStudent Accomodation

oA mixed-use Commercial and Residential Complex

With its strategic position, generous erf size, and existing rental income, this property offers the perfect balance of immediate returns and long-term growth potential.

Dont miss out on this unique investment opportunity!

Property details

  • Listing number T5275890
  • Property type Commercial
  • Listing date 22 Oct 2025
  • Floor size 320 m²
  • Rates and taxes R 5 234

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