Prime Office Building in Hilton Central

ZAR 26,000,000~€1,404,027
  • ~1,640 m² Living area

Description

Commercial Property for Sale | Prime Mixed-Use Investment Opportunity An exceptional opportunity to acquire a well-positioned mixed-use commercial property in a vibrant, high-growth area. Offering excellent visibility, convenient accessibility and versatile development potential, this property is ideally suited to a range of commercial applications, including retail, offices and mixed-use development. Whether you are an owner-occupier or an investor seeking a strategically located asset, this property presents significant long-term potential in a thriving commercial environment. Property Highlights - Property Type: Mixed-use commercial - Asking Price: R26,000,000 - Current Rental Income: R208,000 per month - Rates: R28,020 per month - Levies: R9,065.23 per month - Indicative Return on Investment: Approximately 8% - Flexible Usage: Suitable for retail, office, showroom or mixed-use purposes - Strategic Location: Positioned in a high-traffic area with excellent visibility - Accessibility: Conveniently accessible via major roads and public transport - Development Potential: Existing floor area allows for flexible space planning and utilization - Investment Appeal:** Ideal for investors seeking income-generating commercial property in a growth-focused location This is a compelling opportunity to secure a versatile commercial asset with strong rental income and attractive investment potential. Financial figures and ROI are based on the information supplied and should be independently verified. Monthly application of rates, levies and rental figures should be confirmed.
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Engel & Völkers Pietermaritzburg

Your advisor: Andrew Norton

Property ID: ENV213164

Property details
  • Property type

    Office

  • Living area

    ~1,640 m²

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