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Clarendon, Clarendon, Pietermaritzburg, KwaZulu-Natal
R 5 995 000
CLARENDON R 5995 000 VERSATILE COMMERCIAL INVESTMENT PROPERTY Conveniently situated in sought-after Roberts Road, this substantial property presents a unique opportunity for an investor, business owner, or buyer looking for a property with multiple income-generating possibilities. This property is now commercially zoned but is currently fully occupied by residential tenants, making it an attractive option for an investor. Alternatively, the versatile layout provides the opportunity to utilize the property for a range of commercial purposes, subject to the applicable zoning and municipal requirements. A few examples include educational facilities, a retirement facility, doctors' offices, accounting firms, security companies, or any other business form suitable for the area. The main double-story building consists of 5 rooms, 3 bathrooms, 2 large rooms, and 2 kitchens. The 2-room cottage has 2 bathrooms, a staff toilet and basin, a lounge/dining room, a large back verandah and a storeroom area. The other 2 units are identical, each with one room, a lounge/kitchen area, a bathroom, and a verandah. The other unit, accessible through the main property, has a separate panhandle driveway. It includes 3 rooms, 1 bathroom, a lounge, a fitted kitchen, a storeroom, and a verandah. These units all have separate electricity and water meters. There are a total of 8 carports, open parking for another 5 vehicles, a swimming pool, fully walled, and a remote gate
Estimated monthly repayment
R 56 613
on a R 5 395 500 bond over 20 years at 11.25%
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Clarendon, Clarendon, Pietermaritzburg, KwaZulu-Natal
Liivra AI market value
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Listed by
Johan Van Zyl
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