FEATURED
1,399m² Building For Sale in Pietermaritzburg Central
R18,400,000
Web Ref
NCL15
Monthly Rates
R11,212
ICONIC CBD PROPERTY FOR SALE - PRIME COMMERCIAL INVESTMENT !!!
Some commercial properties compete on appearance. Others compete on fundamentals. This property stands firmly in the latter category, offering scale, established occupation, secure access and a substantial income stream in one of Pietermaritzburg's prominent commercial locations.
Set across two double story buildings, the property provides approximately 38 offices, together with modern reception areas, board rooms and ablution facilities. Its layout is purposefully designed for professional and administrative use, offering the functionality expected of a substantial commercial operation.
Adding considerable strength to the investment profile is an existing government tenant, with occupation secured through November 2026. The property generates approximately R2,070,000 in annual rental income, providing an established revenue stream from an institutional occupant.
The property is fully secured with ample parking comprising of shaded bays and garage accommodation for staff and visitors. Its position on Burger Street further enhances visibility and accessibility, reinforcing its suitability as a long term commercial asset.
For the astute investor, this is more than a commercial building. It is an income producing property with proven functionality, established occupation and strategic positioning, offering the kind of fundamentals that underpin a resilient property portfolio.
Set across two double story buildings, the property provides approximately 38 offices, together with modern reception areas, board rooms and ablution facilities. Its layout is purposefully designed for professional and administrative use, offering the functionality expected of a substantial commercial operation.
Adding considerable strength to the investment profile is an existing government tenant, with occupation secured through November 2026. The property generates approximately R2,070,000 in annual rental income, providing an established revenue stream from an institutional occupant.
The property is fully secured with ample parking comprising of shaded bays and garage accommodation for staff and visitors. Its position on Burger Street further enhances visibility and accessibility, reinforcing its suitability as a long term commercial asset.
For the astute investor, this is more than a commercial building. It is an income producing property with proven functionality, established occupation and strategic positioning, offering the kind of fundamentals that underpin a resilient property portfolio.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,399m²
Land Size
1,927m²
