3 Bedroom House For Sale in Pietermaritzburg Central
R550,000
Monthly Bond Repayment R5,865.36
Calculated over 20 years at 11.5% with no deposit.
Web Ref No DPR16343
3 BEDROOM HOUSE FOR SALE IN PIETERMARITZBURG CENTRAL
Opportunity and Potential.
This older type but solid property offers so much potential with its ideal location and high levels of passing traffic and trade.
Investors/Speculators are sure to see opportunities. The lower Boom Street area in Pietermaritzburg is a vibrant and strategically located node, ideal for both residential and commercial real estate investments. This area is known for its amenities, making it a sought-after location for various types of property buyers.
Residents and businesses in the Boom and East Street area enjoy access to a wide range of amenities. The area is home to several retail/commercial and shopping complexes, including the popular Liberty Midlands Mall close by, which offers a variety of retail stores options.
There are also numerous schools catering to families with children of all ages. Healthcare facilities, such as clinic and Mediclinic Pietermaritzburg, are conveniently located nearby, ensuring that medical services are easily accessible.
Boom and East Street are well-connected by major roads, providing easy access to other parts of Pietermaritzburg and beyond. The N3 highway is just a short drive away, linking the area to Durban and Johannesburg. Public transport options, including buses and taxis, are readily available, making commuting straightforward for residents and visitors.
The real estate market in the Boom and East Street area is diverse, with a mix of residential homes, apartments, and commercial and retail properties. The demand for property in this area is high due to its central location and the abundance of amenities.
Investors can find opportunities in both the rental and sales markets, with properties often appreciating in value.