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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
R 3 300 000
This outstanding property currently has municipal special consent for use as a boarding establishment/guesthouse, a rare find offering both stability and future growth potential! The property features 11 fully tenanted bedrooms, each equipped with prepaid electricity, ensuring easy management and consistent rental income. There are 4 ablution facilities with showers, providing ample convenience for all occupants. A covered swimming pool adds value and can easily be restored for leisure or entertainment purposes. The property is equipped with backup water systems, ensuring a reliable and uninterrupted supply. With room to develop additional units, this property offers a fantastic opportunity to expand and increase your investment returns. Perfectly suited for a guesthouse, staff accommodation, student housing, or mixed-use investment, this versatile property combines functionality, steady income, and excellent growth potential. Occupancy: Fully Tenanted Don’t miss this exceptional investment opportunity — contact us today to schedule a private viewing!
Estimated monthly repayment
R 31 163
on a R 2 970 000 bond over 20 years at 11.25%
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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
Listed by
Sipho Mahlangu
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