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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
R 3 500 000
Unlock the potential of this outstanding investment opportunity, perfectly positioned in the heart of the CBD on a generous property of just over 1,750m2. Offering incredible versatility, this property is ideal for student accommodation, a business premises, or a spacious residence for a large or extended family. The main home has been designed with generous living in mind and features a welcoming open-plan lounge and dining area, a functional kitchen, six well-proportioned bedrooms, and four bathrooms, providing ample accommodation for a variety of uses. A standout feature is the impressive 120m2 entertainment hall complete with its own bathroom. This versatile space offers endless possibilities and could easily be utilised as a communal area for student accommodation, conference or training facilities, office space, or an entertainment venue. The property also includes staff quarters, while the separate outbuilding offers three additional rooms and a bathroom, creating further accommodation or office potential. Whether you're looking to maximise rental income or accommodate extended family, this additional space adds significant value. Parking is certainly not a concern, with a secure garage, undercover parking for up to nine vehicles, and ample additional yard space. The expansive grounds still offer plenty of room for further development or expansion, making this an exceptional long-term investment. Properties of this size, location, and versatility rarely become available. Whether you're an investor looking to capitalise on the strong demand for student accommodation, an entrepreneur seeking a prominent business address, or a buyer looking for a property with endless possibilities, this is an opportunity not to be missed. Arrange your private viewing today and discover the exceptional potential this remarkable CBD property has to offer.
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
Listed by
Kagiso Mthembu
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