Presenting a remarkable opportunity to acquire a multi-unit commercial complex in the heart of Pietermaritzburg's central business district. Situated on a sought-after street within a well-developed precinct, this property is part of a sectional title estate comprising five separate sections.
The complex offers a total of five units, with four of them currently tenanted, making it an attractive investment prospect. The lettable area spans a generous 962 square meters, providing ample space for various business ventures.
Parking convenience is assured, as the property boasts a total of 28 parking bays. Thirteen of these bays are undercover, offering protection from the elements, while an additional 15 bays are available for general use.
Each unit within the complex is thoughtfully designed, featuring air conditioning for optimal comfort, as well as kitchenette facilities and toilets for convenience. The premises also ensure security with secure access and a dedicated security guard, ensuring peace of mind for tenants and their clientele.
Don't miss this chance to acquire a prime commercial property in Pietermaritzburg's thriving central business district. With its desirable location, well-maintained facilities, and existing tenancies, this multi-unit complex presents an excellent investment opportunity for astute buyers.
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.
A brief history of the area
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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.