1 194 m² Commercial space in Pietermaritzburg Central

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High-Yield Investment Opportunity- Upper CBD Commercial PropertyStrategically located in the upper PMB Central CBD, this 1,194 sqm property offers immense potential for developers and savvy investors. Situated in a high-foot-traffic zone near a major taxi rank and less than 1km from Victoria Shopping Centre, the location ensures consistent demand.Key FeaturesZoning- Commercial Perfect for high-density residential or retail redevelopment.Existing Structures- Two buildings currently housing approximately 20 rooms 10 per building with communal bathrooms.Income Stream- Currently occupied by monthly tenants, providing immediate cash flow.Development Ready- The front building has been cleared for reconstruction. Original building materials remain on-site, offering a head start for the purchaser to rebuild and maximize the footprint.Flexibility- Available with current tenancies or vacant occupation upon transfer.Unlock the true value of this central gem.Note- Serious inquiries only. Pre-approval or bank-guaranteed certificates are required for viewing. Make the call......

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