R 3 500 000
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905 m² Commercial space in Pietermaritzburg Central

4 905 m² 905 m²

Outstanding Property with Growth Potential

SOLE MANDATE

This outstanding property currently has municipal special consent for use as a boarding establishment/guesthouse, a rare find offering both stability and future growth potential!

The property features 11 fully tenanted bedrooms, each equipped with prepaid electricity, ensuring easy management and consistent rental income. There are 4 ablution facilities with showers, providing ample convenience for all occupants.

A covered swimming pool adds value and can easily be restored for leisure or entertainment purposes. The property is equipped with backup water systems, ensuring a reliable and uninterrupted supply.

With room to develop additional units, this property offers a fantastic opportunity to expand and increase your investment returns.

Perfectly suited for a guesthouse, staff accommodation, student housing, or mixed-use investment, this versatile property combines functionality, steady income, and excellent growth potential.

Occupancy: Fully Tenanted

Dont miss this exceptional investment opportunity contact us today to schedule a private viewing!

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Property details

  • Listing number T5279590
  • Property type Commercial
  • Listing date 24 Oct 2025
  • Land size 905 m²
  • Floor size 905 m²
  • Rates and taxes R 2 395

Property features

  • Open parking 4

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