R9,500,000
R9,500,000
1,550m² Business For Sale in Pietermaritzburg Central
Ref. CLS3958
Land 1829.00m²
Floor 1550.00 m²
Monthly Repayment
R94,077.68
Debbie Handman
Debbie Handman
Monthly Rates R9,000
Total R9,000

Prime Commercial Space with High-Yield Investment Potential

Web Ref. CLS3958
This offering presents an exceptional opportunity for entrepreneurs and investors seeking a lucrative investment with a well-established tenant committed to a long-term lease, accompanied by a guaranteed 6.5% annual escalation.

The property boasts an impressive 1,550 sqm of under-roof lettable space, which includes a showroom, workshop, warehouse, various offices and ablution facilities. Investors can enjoy a 10%+ return on investment through consistent and substantial rental income.

Ideal for astute investors looking to diversify their portfolio, this property represents a high-yield asset in a prime location. This is a rare opportunity to capitalize on a thriving business venture with immense growth potential and secure a long-term financial gain.

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Features

Zoning
Commercial
Interior
Exterior
Security
Sizes
Land Size 1,829 m²
Floor Size 1,550 m²
Additional Amenities
24 Hour Access
Storage

Pietermaritzburg Central, Pietermaritzburg

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 The city was founded in 1838 and the Zulu name for it is umGungundlovu. This is the name used for the district municipality and it is currently governed by the Msunduzi Local Municipality. The city was initially founded by the Voortrekkers and has a rich heritage of being an important place in the fight against apartheid. Many struggle heroes...
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Finance

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