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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
R 4 500 000
This well-maintained block of flats is ideally situated in the heart of town offering tenants convenience access to shopping centres, public transport. Schools and other essential amenities. The Property comprises: 2 x One-Bedroom units Spacious bedrooms with built-in-cupboards Bathroom with shower and toilet Large kitchen with built -in -cupboards 6 x Two-Bedroom Units 2 Bedrooms with built in cupboards Fitted kitchen with built in cupboards Bathroom with shower and toilet Well- designed living spaces Property Features: Prepaid electricity meters installed in all units Secure property with good security measures Strong and consistent rental income Excellent investment opportunity with a high rental demand Street parking only (no on-site vehicle parking) The ground floor has a huge supermarket that caters for the tenants and the busy passing traffic. The income from this supermarket covers for a huge amount of the total rental. This is an ideal investment for anyone looking to invest in the central side of Pietermaritzburg. Please contact Molly should you want to view this property.
Estimated monthly repayment
R 42 495
on a R 4 050 000 bond over 20 years at 11.25%
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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
Liivra AI market value
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Fair-value check
Priced highPriced 592% above comparable 2-bed apartments for sale in Pietermaritzburg Central
Based on 79 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Zinhle Van Zyl
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