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Central convenience and steady income in the heart of PMB — high foot traffic retail site with fenced yard, sheltered rear area and six covered parking; two bedrooms, one bathroom.
Looking for a smart investment in a high demand area? This is well positioned property in the heart of PMB offers excellent income generating potential.
Currently operating as a convenience (retail business), the property is located in a busy, high traffic area, making it ideal for investors or entrepreneurs looking to maximize returns.
2 Rooms, Kitchen.
Prime central location
High visibility and strong foot traffic
Fully fenced property
Currently utilized for retail/business purposes
Excellent income generating potential
Sheltered area at the back
2 Rooms, Kitchen
Indoor toilet and bathroom
Price : Negotiable
Listed for sale at R1,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 32 listings in Pietermaritzburg (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 11,780 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
32 similar listings
Medium similar-home inventory town-wide (Pietermaritzburg)
Median time on market: 75 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Pietermaritzburg Central offers a vibrant urban lifestyle with historical charm, convenient access to amenities, and a diverse community, making it an appealing place to live for those seeking a central location.
* Distances and amenities are approximate.
