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POA | 800m² Building For Sale in Pietermaritzburg Central

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PRIME COMMERCIAL BUILDING/ STUDENT ACCOMMODATION FOR SALE IN PIETERMARITZBURG CBD

PRIME COMMERCIAL BUILDING/ STUDENT ACCOMMODATION FOR SALE IN PIETERMARITZBURG CBD

An exceptional investment opportunity located in the heart of Pietermaritzburg’s bustling CBD. This prime property is situated on a highly sought-after street with exceptional foot traffic, making it an ideal location for a thriving business.

The building hosts approximately 9 retail stores, providing a variety of retail opportunities for tenants and a steady income stream for the owner. Additionally, it features a high-rise student accommodation facility, catering to the ever-growing demand for quality housing in this vibrant city. A modern and fully furnished residence designed to accommodate 150 students. Each floor of this impressive building is equipped with essential facilities including 86 spacious rooms, 1 x storeroom on every floor, 8 well-appointed kitchens, 29 bathrooms (All with showers), and 29 separate toilets.


To foster a sense of community and ensure relaxation and recreation, the building features dedicated male and female recreational rooms. A standout feature of the property is the expansive study room located on the 2nd floor, providing a quiet and conducive environment for academic pursuits. 3 x Massive JoJo tanks on the 2nr floor and 1 x super massive water tank on the roof top.


This high-rise residence offers a perfect blend of comfort, convenience, and community, making it an ideal living space for students. In the heart of all amenities. Making it an eye-candy convenience for the students. Don't miss the opportunity to invest in this fully furnished, high-demand student accommodation property.

When you walk away with a net income of R563 000.00 per month. I rest my case.

This property is perfect for investors looking to capitalize on a central location with high visibility and consistent traffic. Don't miss this chance to own a cornerstone asset in one of Pietermaritzburg’s busiest commercial hubs.

Features

2
Zoning
Commercial
Title
Freehold
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Parking Bays
Open Parkings
2
Sizes
Floor Size
800m²
Land Size
834m²
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-29.601998, 30.3810222
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Disclaimer:  While every effort will be made to ensure that the information contained within the Campbell Property Group website is accurate and up to date, Campbell Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.