Commercial Property in Pietermaritzburg Central For Sale

Located on a bustling street in the heart of Pietermaritzburg's central business district, this commercial property offers a rare opportunity for investors seeking strong rental returns and multiple income streams. 

Property Features: 

1. Street-Facing Shops: 

The front of the building boasts two well-positioned retail spaces currently tenanted by a sewing shop and an upholstery business. One of the shops is equipped with a kitchen at the rear—ideal for expanding business operations or accommodating tenant needs. 

2. Self-Contained Outbuilding: 

Behind the shops lies a complete one-bedroom flatlet, featuring a lounge, kitchen, and bathroom—perfect for staff accommodation or additional rental income. 

3. Communal Amenities: 

Two separate toilets service the commercial units, ensuring convenience for tenants and customers alike. 

4. Rental Units: 

Further back on the property are eight one-room units , each fitted with a kitchenette, and access to four shared bathrooms . These units offer excellent potential for student housing, low-cost rental accommodation, or staff quarters. 

5. Spacious Upstairs Flat: 

The upper level hosts a generously sized 4-bedroom, 3-bathroom flat , complete with an open-plan lounge and dining area, a spacious kitchen, and a wraparound balcony. Fully tiled throughout, this unit is ideal for an owner-occupier, large family, or additional high-yield rental. 

Additional Notes: 

• The property is fully tenanted, generating consistent monthly income. 

• Financial details and rental income breakdown will be disclosed exclusively to serious buyers upon request. 

Don't miss out on this versatile property with massive income potential in a high-footfall area. 

Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.