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9 Bedroom Freehold For Sale in Pietermaritzburg Central

R1,990,000


Monthly Bond Repayment R21,565.77
Calculated over 20 years at 11.75% with no deposit.

Web Ref No JRL8920

A Rare Investment Opportunity Available For A Limited Time

Are you looking to broaden your investment portfolio? Let me introduce you to the perfect property.

This property is located in the PMB CBD and is within the commercial zone but currently rated as Residential. It includes 3-Phase electricity as well as a new prepaid water meter for the tenants.

The property boasts a recently renovated main house with 9 spacious bedrooms and 4 separate bathrooms. These 9 rooms each have their own prepaid electricity meters.

The property includes another 8 unrenovated rooms (with the 8 Prepaid electricity meters), as well as the potential for another 6 rooms. The residents have their own pedestrian access to the property.

There is an abundance of open lawn area which could be fenced separately and be rented out as storage/parking area and has its own access for vehicles.

This is the perfect property for an investor looking for the right location as well as having the luxury of adding personal preferences to maximise their return.

Contact me today to discuss the figures and current ROI. Don’t miss out, this opportunity will not be around for long!

Features

Bedrooms 9
Security Yes
Bathrooms 4
Recep. Rooms 2
Land Size 1,201m²
Monthly Rates R2,520.00

Agent Contact Details

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