POA | building property for sale in pietermaritzburg central

PRIME COMMERCIAL BUILDING/ STUDENT ACCOMMODATION FOR SALE IN PIETERMARITZBURG CBD An exceptional investment opportunity located in the heart of Pietermaritzburg’s bustling CBD. This prime property is situated on a highly sought-after street with exceptional foot traffic, making it an ideal location for a thriving business. The building hosts approximately 9 retail stores, providing a variety of retail opportunities for tenants and a steady income stream for the owner. Additionally, it features a high-rise student accommodation facility, catering to the ever-growing demand for quality housing in this vibrant city. A modern and fully furnished residence designed to accommodate 150 students. Each floor of this impressive building is equipped with essential facilities including 86 spacious rooms, 1 x storeroom on every floor, 8 well-appointed kitchens, 29 bathrooms (All with showers), and 29 separate toilets. To foster a sense of community and ensure relaxation and recreation, the building features dedicated male and female recreational rooms. A standout feature of the property is the expansive study room located on the 2nd floor, providing a quiet and conducive environment for academic pursuits. 3 x Massive JoJo tanks on the 2nr floor and 1 x super massive water tank on the roof top. This high-rise residence offers a perfect blend of comfort, convenience, and community, making it an ideal living space for students. In the heart of all amenities. Making it an eye-candy convenience for the students. Don't miss the opportunity to invest in this fully furnished, high-demand student accommodation property. When you walk away with a net income of R563 000.00 per month. I rest my case. This property is perfect for investors looking to capitalize on a central location with high visibility and consistent traffic. Don't miss this chance to own a cornerstone asset in one of Pietermaritzburg’s busiest commercial hubs.