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R 8 600 000

Commercial Property for Sale in Pietermaritzburg Central

24 Clough Street, Pietermaritzburg Central, Pietermaritzburg

Floor Size 1829 m² Erf Size 1 829 m²
Central Multi-purpose Industrial/Commercial site
Exceptional opportunity for entrepreneurs seeking a lucrative investment venture with a well-established tenant committed for the long term at a agreed 6.5% escalation.
This property presents an impressive 1550 SQM under-roof lettable area, encompassing showroom, workshop, warehouse, a range of offices, and ablution facilities. Secure a 10%PLUS return on investment through the substantial rental income generated.
Perfectly suited for astute investors looking to diversify their portfolio and secure a high-yield asset in a prime location. This is a rare chance to capitalize on a thriving business opportunity with immense growth potential.


Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Listing Number
114891978
Type of Property
Commercial Property
Street Address
24 Clough Street, Pietermaritzburg Central
Description
Office,Retail,Storage,Warehouse
List Date
05 September 2024
Erf Size
1 829 m²
Floor Area
1 829 m²
Rates and Taxes
R 9 000
Zoning
Mixed Use
Bathrooms
3
Office/study
5
Parking
10
Gross Lettable Area
1550 m²
Green Building
No
Multi Tenanted
Yes
Temperature Control
1
Nearby Public Transport
Bus, Minibus Taxi
Internet Access
Fibre
Wheelchair Accessible
Yes

Education

Voortrekker Hoërsk
0.49km
Russell H
0.62km
Clarendon Primary School
0.75km
Nomaswazi H
0.98km
Cordwalles Preparatory
1.03km
Msunduzi Finishing
1.09km
Mvusomuhle S
1.28km
Ichthus Christian
1.30km
St Nicholas Diocesan
1.30km
Thulasizwe Primary
1.37km
The Wykeham Collegiate
1.43km
Gateway Christian
1.55km
Maritzburg College
1.65km
Piet Retief Primer
2.03km
Alston Primary School
2.03km
Imbaliyamazulu Primary School
2.07km
Prince Alfred Primary School
2.16km
Merchiston Preparatory
2.18km
Athlone Primary School
2.28km
Northern Park Primary School
2.34km
Community Of Love Christian Academy
2.54km
View more

Food and Entertainment

KFC
0.95km
McDonald's
1.55km
McDonald's
1.72km
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Shopping

Nedbank
1.27km

Sports and Leisure

Oval Cricket Ground
1.77km
Botanic Gardens
2.02km

Transport and Public Services

Pietermaritzburg
1.23km
Shell Petrol Station (with Shell Select)
2.15km
Townhill Police station
2.16km
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Arries Van Der Merwe
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Contact Agent

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RE/MAX Midlands - Pietermaritzburg

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Arries Van Der Merwe
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