• 8
  • 9
  • 4 538 m2

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Mun. Rates & Taxes: ZAR 8552.00

Property description

*ON SHOW BY APPOINTMENT ONLY THIS SUNDAY-8TH OF SEPTEMBER-2PM-4PM*

This property couldn't be located in a better position found in the business hub of Pinetown on Glunugie Road with great on road visibility to get maximum exposure for your business. The entire property is combined as three joint properties that are side by side running from Glunugie Rd to Glen Ridge Rd, with a total land size of 4538m2, all on separate title deeds and the same seller. All three of these properties are zoned IPTN MIXED USE 2 that allows for various business operations and also provides the ability to develop the entire premises into a block of flats!

Property #1: Land Size, 2140m2

Previously used to operate a guesthouse. Currently one component is used as offices and there are 8 bachelor flats which are currently rented out for a total income of R33,340.00 pm. There is also a garage, a splash pool and ample parking available for customers.

The Zoning for this property allows for a block of flats of 8 stories high which is an excellent investment opportunity!

property #2: Land Size, 1185m2

Previously used to run a business and has approximately 397m2 under roof which is a large open plan space. Ample parking available.

Zoning allows for a block of flats of 6 stories.

Property #3: Land Size, 1213m2

This property comprises of a main building as well as a second unit which can be used as a flatlet or extended office space the options are limitless! There is also a large wooden storage unit which comes in handy.

Zoning allows for a block only flats for stories. There is also a servitude that allows for access to Pinecrest Mall.

Plenty of parking all around which is great for all business opportunities to be explored.

Call us today to schedule your exclusive viewing of this amazing property!

Property Details

  • 8 Bedrooms
  • 9 Bathrooms

Property Features

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