R 5 500 000
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18 Bedroom Apartment in Pietermaritzburg Central

18 10 12 587 m² 400 m²

Investment Block of Flats for Sale Pietermaritzburg Central . Income-generating block of flats in Pietermaritzburg Central offering 10 units and 18 bedrooms in total. This multi-unit investment property generated R531,982 turnover JanDec 2025, delivering an attractive 9.67 gross yield.

Professionally managed and located in a high-demand rental area, this property is ideal for investors seeking stable rental income or conversion to student accommodation.

Prime central location close to amenities, transport routes and educational institutions. A rare opportunity to secure a residential investment property with scale and strong income performance.

Property details

  • Listing number T5385376
  • Property type Apartment
  • Listing date 11 Feb 2026
  • Land size 587 m²
  • Floor size 400 m²
  • Rates and taxes R 2 129

Property features

  • Bedrooms 18
  • Bathrooms 10
  • Covered parking 12
  • Access gate
  • Intercom

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