Commercial Building with warehousing, offices, retail space and 2 income generating flats
ZAR 7,995,000
- ~1,048 m² Living area
- ~1,747 m² Plot surface
Description
**Prime Investment Opportunity in Pietermaritzburg’s CBD**
Discover this strategically located income-generating property nestled in the bustling heart of Pietermaritzburg's Central Business District. This versatile asset promises exceptional returns and features an impressive array of spaces, including:
- **Three Rental Shops:** Ideal for retail ventures, providing steady income streams.
- **Five Offices:** Perfect for professional services or co-working spaces.
- **Warehouse:** Offering ample storage and operational flexibility.
- **Residential Units:** Comprising two flats - a bachelor flat for singles or couples, and a spacious two-bedroom flat complete with a lounge, dining room, kitchen, and bathroom.
The sale also includes a well-established automotive business, with all existing inventory to be transferred upon the signing of the sale agreement. Don’t miss this rare opportunity to invest in a property that combines commercial viability with residential potential.
Engel & Völkers Pietermaritzburg
Your advisor: Andrew Norton
Property ID: ENV206398