R 1 950 000 | retail property 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......