R5,500,000
R5,500,000
18 bedrooms10 bathrooms12 parking baysBuilding 400 m²
Expenses
Rates and Taxes:
R2,129 per month
Apartment for sale in Pietermaritzburg Central
Investment Block of Flats for Sale – Pietermaritzburg Central
Income-generating block of flats in Pietermaritzburg Central offering 10 units and 18 bedrooms in total. This multi-unit investment property generated R531,982 turnover (Jan–Dec 2025), delivering an attractive ±9.67% gross yield.
Professionally managed and located in a high-demand rental area, this property is ideal for investors seeking stable rental income or conversion to student accommodation.
Prime central location close to amenities, transport routes and educational institutions. A rare opportunity to secure a residential investment property with scale and strong income performance.
Listing details
Other features
- Roof
- Tiled roof
- Walls
- Plastered walls
- Windows
- Steel windows
- Boundary
- Vibracrete boundary
- Security
- Intercom and security gates
- Other
- Cellular coverage, electricity and road access
I'm your local property expert in Pietermaritzburg Central, South Africa
Pietermaritzburg Office
7 Wembley Terrace, Pietermaritzburg, 3201, KwaZulu-NatalRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Kemers Properties cc t/a Pam Golding Properties
Pietermaritzburg Office details