An exceptional commercial opportunity in the heart of Scottsville, Pietermaritzburg.
Positioned on a substantial 5,582m² site, this established commercial property offers an impressive combination of multiple offices, reception and waiting areas, boardroom/flexible meeting spaces, kitchens, storerooms, ablution facilities, outdoor areas and extensive secure parking.
The property provides 30+ offices and versatile workspaces, offering exceptional flexibility for an owner-occupier, established business, professional practice, training organisation or investor looking for a substantial commercial holding in a highly accessible location.
The existing layout includes:
- 30+ offices and adaptable workspaces
- Reception and waiting areas
- Additional reception/flexible workspace
- Boardroom/meeting room
- Multiple storerooms
- Kitchenette facilities
- Multiple toilets and basins
- Toilet with shower facilities
- Outside shower and ablution facilities
- Enclosed patio with bar area
- Wraparound veranda
- Approximately 25 outdoor parking bays
- Completely fenced premises offering privacy and security
- Existing inverter/backup power system available by separate negotiation between the seller and purchaser
A location that puts your business in the centre of it all!
The property is situated in an exceptionally convenient position in Scottsville, with Scottsville Mall, UKZN's King Edward Avenue campus, Sidewalk Centre, Scottsville Family Clinic and established student accommodation all immediately within the surrounding precinct.
This creates significant potential for a range of commercial uses, while the proximity to UKZN and existing student accommodation also makes the property particularly interesting for student accommodation conversion or redevelopment, subject to the necessary zoning, planning and municipal approvals.
For an investor, the property's large landholding, existing improvements, extensive accommodation and strategic location create multiple possibilities for future repositioning, income generation or redevelopment.
Despite being positioned in the heart of Scottsville, the property is fully fenced, relatively private and surprisingly spacious, offering a rare combination of accessibility and land.
The seller is a VAT vendor.
- R10,000,000 excluding VAT for a VAT-registered purchaser.
- R11,500,000 inclusive of VAT for a purchaser who is not VAT registered.
The SunSynk inverter/backup power system is not included in the purchase price and is negotiable separately between the seller and purchaser.
This is an opportunity to acquire a substantial commercial property in one of Pietermaritzburg's established business and academic precincts, with the flexibility to continue using the existing office configuration or explore alternative commercial and development opportunities.
Contact Harcourts Hilton today to arrange an exclusive viewing and explore the possibilities this property offers.