R 1 990 000 | 9 bed property for sale in pietermaritzburg central

Property Description

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!


Property Details

Purchase Price R 1 990 000

Type of PropertyHouse

Monthly Rates2520

Land Size1201 m2

Last Updated11 Apr 2024

Rooms

Kitchen1

Bedrooms9

Bathrooms4

Reception Rooms

Lounges1

Dining Room1

External Features

Outdoor LivingPlaster

General Features

SecurityYes

RoofingIron

Property Location

Similar Property in nearby suburbs

Agent

Derrick Sandalls

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