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    Broker :  Gavin Parkins

          of :  Seeff Amanzimtoti, Commercial/ Industrial Division.

        Tel :  0319031234   /   0826242521

 

  PROPERTY TITLE   DESCRIPTION                 ( desc. order of listing date   -   latest at top )
 
 
 
  Glorious heritage investment property in Pietermaritzburg CBD.
Broker Reference: 2332632
  This is an opportunity to own 2 x solid rental income properties on the same erf.
Both buildings are protected by the KZN Heritage act of 1977.
These are both the previous premises of the YWCA and the head mistress mansion.
Extent of property 2911m2. Total gross building area; 1601m2. 140m2 covered carports. 54m2 staff quarters. 2 x ‘stable’ offices, garage and storeroom 84m2 (excluding verandah of 24m2). Maintenance manager’s cottage 76m2.
48 x demarcated parking bays of which 9 x are covered.

Gross combined monthly yield, approx R113 000.00, nett R78 400.00.
Asking 9,5M Excluding VAT.
A relatively current, comprehensive independent appraisal is on file.
[ Sale - R 10 830 000 ]      
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