Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (KwaZulu-Natal > Midlands > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1271042018)
42 Bedroom Apartment Block For Sale in Pietermaritzburg Central
R 12,500,000
Can I afford this?4 Photo(s)
30 days ago46 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:None
Description
Prime Investor choice in City Centre
Pietermaritzburg is a growing developing city with many seeking accommodation and business opportunities especially in the city centre. A rare opportunity seldom appears for those within the price bracket to grab on a deal to purchase.
This opportunity sits in lower end of Church Street in the business district that's allows mix use of both residential and commercial use. The property comprises of twenty-five residential unit each with Kitchen, lounge and ablution facilities. The units are made up with bachelor pad, two bedroom and three-bedroom units. Ground floor has commercial use to attract the high foot traffic that pass by daily.
The property details will be treated discretely and will be shared to pre-approved qualified buyers who are bank guaranteed. The property is fully occupied and has great opportunity to upgrade and modernise the units internally. This should ensure longevity of existing tenancy and enhance the value of the property.
Existing Tenancy have Leases to safeguard a rental and potential future income for a set period. Any potential purchaser within the price bracket should call to arrange a private meeting to discuss further. Please no chances for property details......Make the call if you are in the bracket to purchase.
Property Reference #: ULR4867
Agent Details:
Sulaiman Karodia
Urban Link
Unit 3, Ingliside Office Park,
29 Howick Road,
Wembley,
Pietermaritzburg, 3201.
Pietermaritzburg is a growing developing city with many seeking accommodation and business opportunities especially in the city centre. A rare opportunity seldom appears for those within the price bracket to grab on a deal to purchase.
This opportunity sits in lower end of Church Street in the business district that's allows mix use of both residential and commercial use. The property comprises of twenty-five residential unit each with Kitchen, lounge and ablution facilities. The units are made up with bachelor pad, two bedroom and three-bedroom units. Ground floor has commercial use to attract the high foot traffic that pass by daily.
The property details will be treated discretely and will be shared to pre-approved qualified buyers who are bank guaranteed. The property is fully occupied and has great opportunity to upgrade and modernise the units internally. This should ensure longevity of existing tenancy and enhance the value of the property.
Existing Tenancy have Leases to safeguard a rental and potential future income for a set period. Any potential purchaser within the price bracket should call to arrange a private meeting to discuss further. Please no chances for property details......Make the call if you are in the bracket to purchase.
Property Reference #: ULR4867
Agent Details:
Sulaiman Karodia
Urban Link
Unit 3, Ingliside Office Park,
29 Howick Road,
Wembley,
Pietermaritzburg, 3201.
Id Subtitle 1271042018
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 135,464
Total property loan amountR 12,500,000
Total interestR 20,011,212
Total repaymentR 32,511,212
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.
RECALCULATE
Urban Link
Selling for 1 year
Total Ads416
Active Ads416
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
416Total Ads
216.27KTotal Views
Contact Urban Link
072*******Show Number
Message
(3983)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 4,950,000
SavedSave
This spacious 5567m2 property is perfect for an investor looking to develop a residential complex.The approved scheme allows for a total of 11 units, The property currently has an existing house, which is roughly 230m2, and a freestanding double garage with servants quarters. The existing house has 3 bedrooms or 2 bedrooms with 1 study, a full common bathroom, and 1 en-suite. It also features an open-plan lounge, kitchen, dining room, a double garage, laundry, and a veranda at the front.Please note that municipal submission fees, the final plan proposal, engineers/geotechnical design, and all other associated fees/costs are excluded.The property is in a closed corporation with the sole member being the owner. It also comes with R250 000.00 worth of bricks on site, which will be included in the sale should the total selling price be achieved. The existing house is tenanted with a rental income of R10 500.00 per month, making this an excellent investment opportunity.Dont miss out on this incredible opportunity, contact me today.Has PoolProperty Reference #: JRL8057Agent Details:Ashwin SinghJawitz PropertiesGresham House11 Wembley Terrace, Town Hill, Pietermaritzburg
Invalid date
1
R 470,000
SavedSave
This building offers an investor or buyer apartments of 2 and 1 bedroom units for sale with huge potential rental returns.This particular unit consists of 2 large bedrooms, large lounge, kitchen, full bathroom and an enclosed balcony. The flats each have secured covered parking with a caretaker on site. The flat can generate a possible rental between R5 000 and R5 500 per month, perfect investment purchase for under R500 000. Remember the wise man or wage earner of today invests his or her money in real estate so be that wise man or women and give me a call today to arrange a viewing.Zoning: ResidentialOwnership Type: Sectional TitleMandate Type: Join# Parking: 1Rates And Taxes: 368Property Reference #: 839Agent Details:Trisha RajahProfile Property3-on-Crescent, Cascades Crescent, Montrose, Pietermaritzburg, 3201
Invalid date
1
R 1,895,000
SavedSave
Nestled in the heart of sought-after Rehoboth, this townhouse is a true gem waiting to be discovered. Picture-perfect from the moment you step through the door, this residence boasts a legacy of being one of the first townhouses built, offering spacious rooms and an open-plan design that exudes contemporary charm. The beautiful mature and well planned garden add to the character of this beautiful home. Featuring 3 bedrooms, including a luxurious main ensuite, and a lounge that seamlessly extends to a serene veranda, where you can soak in the breathtaking panoramic views of KZNs majestic Table Mountain. Transport yourself to the enchanting atmosphere of the fairest Cape, right here in your own home. The allure continues with a thoughtfully designed layout that includes a separate scullery, catering to all your modern conveniences with space for your washing machine, tumble dryer, and dishwasher. Step outside to your private walled courtyard, a tranquil retreat. Experience the convenience of a double garage and ample visitor parking, positioning this unit as the second-last house in this exclusive lane. As if that wasnt enough, rest assured with 24-hour security, providing you with peace of mind. Indulge in the luxuries of community living with access to a communal pool and clubhouse, perfect for hosting family gatherings or simply unwinding in style. Immerse yourself in the splendor of meticulously manicured gardens, adding a touch of prestige to this exceptional complex. In a class of its own, this townhouse embodies sophistication and warmth, offering a lifestyle of unparalleled beauty and comfort. Dont miss out on this rare opportunity! If it ticks all your boxes, seize the moment and schedule your private viewing today. Your dream home awaits – make that call and let us welcome you to your new sanctuary. ??Property Reference #: 114014396Agent Details:Gavin & Sharon MoodleyeXp Realty - Steven Johnstone Group1 Apple StreetKenilworthCape Town7708
Invalid date
1
R 430,000
SavedSave
This ground floor unit has beautiful parquet flooring throughout. Fitted with a modern kitchen, open-plan living and bedroom area and a bathroom. The unit also has an enclosed veranda which can be used as a bedroom. The unit has an allocated carport and is situated in a neat complex.Property Reference #: 6413373Agent Details:Bruce CampbellNatal Property ConsultantsProperty House78 Commercial Road (78 Chief Albert Luthuli Road)Pietermaritzburg3201
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.