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R 25 000 000

Farm for Sale in Pietermaritzburg Central

Pietermaritzburg, Pietermaritzburg Central

Floor Size 528 m²
Investment Opportunity
Discover this prime commercial property currently serving as student accommodation, generating a robust rental income of R280,000 per month through contracts with local universities. The property features a total of 32 bedrooms, including 39 double occupancy rooms, catering to 70 students in total.

Amenities include a resident assistant room and a student representative council room, along with spacious male and female facilities. The property is equipped with 24/7 security, secure parking, dedicated study areas, a reliable inverter system, and comprehensive CCTV coverage.

This well-equipped property presents an excellent investment opportunity in a quiet environment, ideally situated in the heart of the city.
Listing Number
115111235
Type of Property
Farm
List Date
22 October 2024
Floor Area
528 m²
Rates and Taxes
R 7 071

Education

Prince Alfred Primary School
0.56km
Mvusomuhle S
0.65km
Thulasizwe Primary
0.66km
Merchiston Preparatory
0.74km
Marion H
0.88km
Shri Vishnu Primary School
0.98km
Alston Primary School
1.05km
Nizamia Islamic
1.08km
Msunduzi Finishing
1.16km
Russell H
1.23km
Nomaswazi H
1.29km
Ml Sultan Pmb S
1.32km
Berg Street Primary School
1.35km
Imbaliyamazulu Primary School
1.50km
Community Of Love Christian Academy
1.55km
Voortrekker Hoërsk
1.59km
St Nicholas Diocesan
1.63km
Maritzburg College
1.64km
Forest Hill Primary School
1.77km
Gateway Christian
1.94km
Oakridge
1.94km
Woodlands Primary School
1.94km
Alexandra H
1.98km

Food and Entertainment

McDonald's
0.69km
KFC
0.80km
McDonald's
1.34km

Shopping

Nedbank
0.54km

Sports and Leisure

Oval Cricket Ground
1.39km

Transport and Public Services

Shell
1.40km
Pietermaritzburg
1.99km

Contact Agent

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Greeff International Real Estate

View all properties for Sale

René Norman

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