We are delighted to present an exceptional opportunity to acquire two commercial properties located in the vibrant Central Business District of Pietermaritzburg. Offering a prime location and an array of versatile features, these properties are perfect for investors seeking income generation or those looking to establish their presence in a bustling commercial hub.
Building 1:
This five-story building boasts a generous lettable area of 1,800 square meters, providing ample space for a variety of commercial or residential purposes. With its mixed-use zoning, the property offers flexibility and opens up opportunities for a range of business ventures. Additionally, the potential for road level retail further enhances the investment prospects. The building also offers 40 undercover parking bays, ensuring convenience and accessibility for both tenants and visitors.
Building 2:
Featuring a total area of 1,380 square meters, Building 2 is currently divided into 690 square meters of occupied office space. This section of the property generates a rental income of R67,000 per month, offering an attractive return on investment. The building is thoughtfully designed with essential amenities including a reception area, two toilets, a kitchen, canteen facilities, and a balcony. With air conditioning throughout the premises, tenants can enjoy a comfortable working environment. The property also includes two boardrooms and a generous number of offices, allowing for versatile utilization or the potential for multi-tenancy. Furthermore, there are 23 undercover parking bays, ensuring ample parking space for occupants.
Both properties benefit from their strategic location in the Central Business District, surrounded by a bustling commercial environment. The district offers excellent connectivity to major transport routes and is in close proximity to essential amenities, including banks, restaurants, retail centers, and government offices.
Don't miss this outstanding investment opportunity to acquire commercial properties in Pietermaritzburg's Central Business District. Whether you are an investor seeking a high-yield income property or a business owner looking to expand, these properties provide a solid foundation for success. Contact us today to arrange a viewing and explore the full potential of these versatile properties.
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