Commercial Investment Property For Sale Piete

R143,000,000.00

Pietermaritzburg, Midlands, Kwazulu Natal

Property Information

CODE : PP4182
Asking Price : R143,000,000.00
Ownership : Freehold
Building Size : 11455m²


Description

Centrally located in Pietermaritzburg

Rent -Parking (121 Bays) R 1,084,279
Rent -Offices / Commercial R 15,395,226
Recoveries and other income R 1,844,991
Total income R 18,324,495
Total expenses R 3,758,102
Net property income R 14,566,393
1 937m2 Lease Expiry 31/03/2018
9 517m2 Lease Expiry 31/03/2019
Income yield 10.2%

Contact Matt Hayter 082 569 1765

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Contact the Agent

Matthew Hayter » ++27 82 569 1765
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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