Web Ref CL1094
R2,500,000
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Monthly Levy
R1,070
R1,070
Monthly Rates
R890
R890
COMMERCIAL SPACE FOR SALE IN PINETOWN CBD
COMMERCIAL SPACE FOR SALE IN PINETOWN CBD
Seize the opportunity to invest in a thriving commercial property currently leased by a private school. Located in the sought-after Hozani Building on Hill Street, Pinetown, this property is an ideal investment with a secure income stream.
PROPERTY HIGHLIGHTS:
Leased by a Private School: The current tenant is a private school with a four-year lease. They are happy to renew and sign a long-term lease, ensuring a stable rental income.
Current Rental Income: R20,610.00 per month.
Security: 24-hour manned security and access control, providing a safe environment.
Versatile Space: The property is split into two sections, both of which can be utilized as office spaces in the future.
SECTION ONE:
- 8 spacious classrooms
- Teachers' lounge
- Two offices
- Store room
- Kitchen
- Private staff toilet
- Student toilets
SECTION TWO:
- Entrance hall
- 3 large classrooms
- Kitchen
- Toilet
This commercial space offers a unique opportunity for investors seeking a reliable income with the flexibility of converting the space for future office use. In the heart of all amenities, on the bus and taxi route, upstairs from all the shops, next door to major prime Shopping Centres, walking distance to major Super Markets and so much more…. Don’t miss out on this prime investment in Pinetown’s bustling Hill Street area. Contact us today for more information or to arrange a viewing.
Seize the opportunity to invest in a thriving commercial property currently leased by a private school. Located in the sought-after Hozani Building on Hill Street, Pinetown, this property is an ideal investment with a secure income stream.
PROPERTY HIGHLIGHTS:
Leased by a Private School: The current tenant is a private school with a four-year lease. They are happy to renew and sign a long-term lease, ensuring a stable rental income.
Current Rental Income: R20,610.00 per month.
Security: 24-hour manned security and access control, providing a safe environment.
Versatile Space: The property is split into two sections, both of which can be utilized as office spaces in the future.
SECTION ONE:
- 8 spacious classrooms
- Teachers' lounge
- Two offices
- Store room
- Kitchen
- Private staff toilet
- Student toilets
SECTION TWO:
- Entrance hall
- 3 large classrooms
- Kitchen
- Toilet
This commercial space offers a unique opportunity for investors seeking a reliable income with the flexibility of converting the space for future office use. In the heart of all amenities, on the bus and taxi route, upstairs from all the shops, next door to major prime Shopping Centres, walking distance to major Super Markets and so much more…. Don’t miss out on this prime investment in Pinetown’s bustling Hill Street area. Contact us today for more information or to arrange a viewing.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
585m²
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