4 BEDROOM HOUSE FOR SALE - Situated on Havelock Road in Pietermaritzburg Central, this mixed-use zoned property offers a rare city-fringe investment and secure residential accommodation. The location delivers high daytime footfall and strong visibility from a primary arterial route that links the CBD to surrounding suburbs and public transport nodes. The site benefits from established infrastructure, easy access to major roads, and proximity to municipal services, schools, and retail amenities.
Building and site description
The property occupies a regular street frontage with a flexible floor plan. Back-of-house areas include secure loading access, storage rooms, and service yards. On-site parking available.
Zoning and development potential
Zoned for mixed-use, the current residential property permits a broad mix of commercial and residential uses under local planning controls, offering redevelopment flexibility for intensification, adaptive reuse, or conversion to a multi-tenanted asset.
Potential uses are endless. Investors can pursue value-add strategies such as, façade improvements, or leasing optimization to increase net operating income and asset value.
Financial and investment highlights
The property is positioned for immediate cashflow with existing tenancies and offers long-term upside through rental escalation and redevelopment potential.
Low vacancy in the area supports leasing prospects for both residential and retail.
Capital expenditure requirements are modest and mainly cosmetic, with opportunities to modernize services.
Summary
This Havelock Road mixed-use property is a strategic investment for owner-occupiers and investors seeking location, flexibility, and upside within Pietermaritzburg’s central precinct. It combines immediate income with clear redevelopment and leasing pathways to capture enhanced returns.