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1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central
1,194m² Retail For Sale in Pietermaritzburg Central

1,194m² Retail For Sale in Pietermaritzburg Central

R1,950,000

Web Ref ULC453

1,194m² Retail For Sale in Pietermaritzburg Central

High-Yield Investment Opportunity- Upper CBD Commercial Property

​Strategically located in the upper PMB Central CBD, this 1,194 sqm property offers immense potential for developers and savvy investors. Situated in a high-foot-traffic zone near a major taxi rank and less than 1km from Victoria Shopping Centre, the location ensures consistent demand.

​Key Features

​Zoning- Commercial – Perfect for high-density residential or retail redevelopment.

​Existing Structures- Two buildings currently housing approximately 20 rooms (10 per building) with communal bathrooms.

​Income Stream- Currently occupied by monthly tenants, providing immediate cash flow.

​Development Ready- The front building has been cleared for reconstruction. Original building materials remain on-site, offering a head start for the purchaser to rebuild and maximize the footprint.

​Flexibility- Available with current tenancies or vacant occupation upon transfer.

​Unlock the true value of this central gem.

Note- Serious inquiries only. Pre-approval or bank-guaranteed certificates are required for viewing. Make the call......

Features

Zoning Commercial
Exterior
Security
No
Sizes
Floor Size 1,194m²
Land Size 1,194m²
Sulaiman Karodia
Sulaiman Karodia
Candidate Property Practitioner
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