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Commercial Property for sale in Pietermaritzburg CBD. The building is made up of a retail section on the ground floor, and student accommodation on floors 1-8. There is a contract in place with DUT for 152 students, with 3.5 years remaining on the contract. There are various shops, such as salons, cash loans, cell phone repairs on the ground floor, and the building generates additional revenue through advertising signage on the facades of the building, and through cell phone tower on the roof. Total annual income for the building is about R6.7 million, and annual expenses around R1.8 million. For more information, please get in touch.
Purchase Price POA
Building Size3500 m2
Type of PropertyBuilding
ZoningCommercial
Last Updated20 Sep 2021
Three Phase PowerYes
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