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Commercial Investment Opportunity in Pietermaritzburg

R 9,500,000

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1 month ago61 views
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Description
Prime Property with Established Business

We are excited to present a remarkable commercial investment opportunity in Pietermaritzburg. This property comes with a well-known and established business, currently under a 3-year lease with an undertaking for an additional 5 years.

Property Features:

Large Showroom: Ideal for showcasing products with an inviting reception area.
Workshop: Fully equipped to meet all operational needs.
Open Office Space: Flexible layout to accommodate various business functions.
Management Office: Dedicated space for administrative tasks and meetings.
Storeroom: Convenient storage for inventory and supplies.
Warehouse Area: Spacious with double-volume doors, including its own office and ablution facilities.
This is an excellent opportunity to invest in a property that offers both immediate rental income and long-term growth potential. Don’t miss out on this unique chance to own a piece of prime real estate with a thriving business in place.

For more information and to schedule a viewing, contact us today!

Property Reference #: DPC736

Agent Details:
Christo Pretorius
Dormehl Phalane Property Group
Shop 6 Mayors Walk Centre, 86 Mayors Walk, Prestbury, Pietermaritzburg, 3208

Id Subtitle 1291590092
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Estimated monthly repaymentR 102,953
Total property loan amountR 9,500,000
Total interestR 15,208,522
Total repaymentR 24,708,522
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Dormehl Phalane Property Group
Selling for 3+ months
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