R 8 400 000 | office property for sale in pietermaritzburg central

Kwazulu-Natal ,pietermaritzburg

OFFICE FOR SALE IN PIETERMARITZBURG CENTRAL

Property Description

Great property investment opportunity. Tenanted commercial property for sale in the Pietermaritzburg CBD in pristine condition. 5 Year lease with a long standing tenant and a net income of R980 000 pa. The price of R8,4 million plus VAT translates into an 11.7% yield. Zoning: Commercial Mandate Type: Open

Property Details

Purchase Price R 8 400 000

Building Size804 m2

Price Per SQMR 10447 m²

Type of PropertyOffice

Land Size1835 m2

Last Updated30 May 2024