6
TENDER 1 Property details
www.maskell.co.za l danielle@maskell.co.za l 082 801 6827 l 033 397 1190
The two Immovable Properties and the applicable property-letting enterprise must be purchased together as one indivisible Going Concern. No Offer may be made for either constituent property separately.
1
Property type
:
Erf
Township
:
Pietermaritzburg
Erf Number
:
2621
Portion number
:
13
Extent
:
1599 m 2
Registration division
:
FT
Co-ordinates
:
-29.604470 / 30.378863
Title Deed No.
:
T31788/2008
Municipality
:
Msunduzi
Market Value
:
R 9,192,000.00
Monthly rates
:
R 22,060.80
Address
:
212 Langalibalele Street
:
Zoning
Core Mixed Use 1
2
Property type
:
Erf
Township
:
Pietermaritzburg
Erf Number
:
2621
Portion number
:
10 (of 1)
Extent
:
1071 m 2
Registration division
:
FT
Co-ordinates
:
-29.604825 / 30.379183
Title Deed No.
:
T18721/2012
Municipality
:
Msunduzi
Market Value
:
R1,639,000.00
Monthly rates
:
R 4,056.53
Address
:
20 Club Lane
:
Zoning
Municipal and Government
Situation and locality
Positioned in the commercial heart of Pietermaritzburg's Central Business District, this prominent investment portfolio occupies strategically located sites on Langalibalele Street, Club Lane and Jabu Ndlovu Street , within the city's established government and commercial precinct. The properties enjoy excellent visibility, convenient access to major arterial routes and the N3 freeway, and are surrounded by government offices, financial institutions, retail centres, hospitality establishments and professional services.
Pietermaritzburg serves as the administrative capital of KwaZulu-Natal and continues to attract sustained demand from both public and private sector occupiers, making this portfolio an exceptional long-term investment opportunity.
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