Strategically located on a corner plot attracting volumes of foot and passing traffic, this property serves as both residential for up to eight families on the upper levels and as a commercial business on the ground floor.
The building is in a relatively good condition with general maintenance required. Each apartment's interior has open plan set up either one or two bedrooms. Each unit needs modern attention, with a possible upgrade to enhance the tenancy, thereby maximizing on the generated income. Huge earning potential with it being in an ideal location, closeness and proximity all adding to the appeal and attractiveness of this sound investment. Current estimated income of approximately R 32 000 per month.
All serious investors do Call to make viewing arrangement Please Carry identification on arrival
Pietermaritzburg is one of South Africa's most desirable residential cities and offers an excellent selection of property and real estate.
The verdant greenery, leafy suburbs and wealth of colonial architecture make Pietermaritzburg a beautiful city to live in.
Property buyers can choose from houses, apartments, cluster developments, security villages, guesthouses and vacant land.
Nestled in a green valley,...
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