R 4 995 000

Commercial Property for Sale in Pietermaritzburg Central

Pietermaritzburg Central, Pietermaritzburg

3 Commercial Properties with multiple sections

Amadei Real Estate presents this huge i property investment opportunity in the Pietermaritzburg CBD .The are three adjoining properties which are just over 700 square metres. There is .plenty off street parking and an enclosed workshop area .which could park two vehicles. There is another covered .area to the side which currently houses a tool repair company but could, very easily, be a secure garage. Inside the main building there are 7 offices which lead off the passage, two kitchenettes and two toilets.

There is a further outside toilet. This site is served by single .phase electricity and two water meters..

The other two adjoining properties tare around 500 square metres together.

These two are not consolidated and have separate titles but have an inter-leading door from the reception area to the workshop. There is a separately accessed staff change room...

Amadei Real Estate presents this huge i property investment opportunity in the Pietermaritzburg CBD .The are three adjoining properties which are just over 700 square metres. There is .plenty off street parking and an enclosed workshop area .which could park two vehicles. There is another covered .area to the side which currently houses a tool repair company but could, very easily, be a secure garage. Inside the main building there are 7 offices which lead off the passage, two kitchenettes and two toilets.

There is a further outside toilet. This site is served by single .phase electricity and two water meters..

The other two adjoining properties tare around 500 square metres together.

These two are not consolidated and have separate titles but have an inter-leading door from the reception area to the workshop. There is a separately accessed staff change room and a separate suite at the rear, currently occupied by a lawyer and a separate single garage which is occupied by a specialist welder.

This site is served by two water meters and three phase electricity

Access from Boshoff Street and Chief Albert Luthuli are very easy and departing into the one way Hoosen Haffejee Street gives quick access back to Boshoff Street which quickly links to all the major arterial routes.

These properties are close to all the taxi and buss ranks and easy walking distance to City Hall

The properties are currently occupied by a number of tenants who are on a month to month basis. They do not have fixed leases and the purchaser can negotiate leases and rentals as they wish.

The current rental income is R39500.00, inclusive of VAT, and monthly rates and services, building insurance and burglar alarms averages at approximately R21000.00 including VAT.

The Client would consider selling the assets as a going concern which would be advantageous to a VAT registered purchaser.

Listing number: P24-113877506, Image number: 1

Listing number: P24-113877506, Image number: 2

Listing number: P24-113877506, Image number: 3

Property Overview

Listing Number

113877506

Type of Property

Commercial Property

Description

Office

Listing Date

22 January 2024

Points of Interest

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