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R 7 950 000

Commercial Property for Sale in Plessislaer

Plessislaer, Pietermaritzburg

Contact broker for street address

1 497 m²
- m²: 1 497 m²
- Hectares: 0.15 ha
- Acres: 0.37 acres

Contact Broker

Mishka Singh

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Prime Office/Retail Space for Sale in Edendale – Exceptional Investment Opportunity

Attention Investors!

Don’t miss out on this unique opportunity to acquire prime office and retail space located between two major malls in Edendale, directly along the main National Highway to Boston Bulwer. This property features well-maintained shops and offices, all fully tenanted with current occupants eager to continue their leases, ensuring an immediate and stable rental income of approximately R59,000 per month.

Key Highlights:

1. Fully Tenanted Units: 7 units totalling 1,495 m², offering a reliable rental income stream.

2. Ample Parking: 18 dedicated parking bays for tenant and visitor convenience.

3. Asking Price: R7.95 million (including VAT).

4. Massive Church Prayer Home: A 250 m² space on the upper floor, operating every Sunday.

5. Income-Generating Billboard: A high-visibility billboard included, providing additional revenue....

Attention Investors!

Key Highlights:

1. Fully Tenanted Units: 7 units totalling 1,495 m², offering a reliable rental income stream.

2. Ample Parking: 18 dedicated parking bays for tenant and visitor convenience.

3. Asking Price: R7.95 million (including VAT).

4. Massive Church Prayer Home: A 250 m² space on the upper floor, operating every Sunday.

5. Income-Generating Billboard: A high-visibility billboard included, providing additional revenue.

Situated in the vibrant heart of Edendale, this property benefits from a dynamic business environment that seamlessly blends modern amenities with local charm. It boasts excellent proximity to major transport routes, dining establishments, and retail outlets, offering tenants a thriving community with easy access to essential services.

Property Features:

1. Church on 1st floor-250m²

2. Doctors' Rooms

3. Trucking Business (with separate offices)

4. Animal Feed & Chicken Feed Outlet

5. Supermarket

6. Funeral Parlor (in a separate building)

7. 195 m² Parking Area

The commercial space includes a total of 14 rooms, excluding restrooms.

This investment opportunity combines a prime location with diverse, stable tenants and additional income from the billboard, making it an ideal choice for investors seeking a profitable and strategically located property.

Contact Mishka Singh today to explore this outstanding opportunity!

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

Listing number: P24-111413403, Image number: 1

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Property Overview

Listing Number

111413403

Type of Property

Commercial Property

Description

Retail

Listing Date

28 June 2022

Erf Size

1 497 m²

Rates and Taxes

R 3 344

Points of Interest

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