Currently Zoned Residential This expansive property in Pietermaritzburg Central presents an outstanding investment opportunity, ideal for a range of business applications. The property features two primary office buildings on separate erfs, alongside additional accommodation options that offer versatile rental potential.
Main Building 1 (Newly Renovated): • Purpose: Ideal for medical professionals, this building has been recently renovated to high standards. • Reception Area: A welcoming space that sets a professional tone for visitors. • Office Layout: Comprises four spacious offices designed to support various business operations. • Additional Spaces: Includes a versatile room usable as additional office space or for storage. • Amenities: Equipped with two bathrooms and a kitchen to accommodate daily needs.
Main Building 2 (Renovation Potential): • Current State: Awaiting minor renovations, this building offers huge potential to be customized according to the buyer's needs. • Possible Setup: Can be configured similarly to Main Building 1, making it perfect for expanding operations or diversifying use.
Rental Accommodation: • Variety of Units: This property includes a range of rental options: • Large Room: Spacious room for a tenant. • 9 Units: Each with individual toilets and showers, providing privacy and convenience. • 4 Units: Currently sharing a communal bathroom. These could be easily modified to include private bathrooms, enhancing appeal and rental value. • Communal Facilities: Features a communal bathroom equipped with two showers and a toilet, serving the shared units.
Located in a good area of Pietermaritzburg, this property not only offers direct business potential but also acts as a lucrative investment with multiple income streams. Its flexible accommodations and location make it a unique opportunity in a key urban centre.
If you are someone who enjoys the peace and quiet of small-town living with big city convenience, then Pietermaritzburg is the place for you. It is the capital of South Africa and the second-largest city in KwaZulu-Natal. Commonly abbreviated to the term PMB or Maritzburg in Afrikaans, this well-loved city offers a comfortable work-life balance for its locals.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.