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