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Commercial Property for Sale in Pietermaritzburg Central
Pietermaritzburg, Pietermaritzburg Central
528 m²
Investment Opportunity
Discover this prime commercial property currently serving as student accommodation, generating a robust rental income of R280,000 per month through contracts with local universities. The property features a total of 32 bedrooms, including 39 double occupancy rooms, catering to 70 students in total.
Amenities include a resident assistant room and a student representative council room, along with spacious male and female facilities. The property is equipped with 24/7 security, secure parking, dedicated study areas, a reliable inverter system, and comprehensive CCTV coverage.
This well-equipped property presents an excellent investment opportunity in a quiet environment, ideally situated in the heart of the city.
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