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R3,500,000

493 Boom Street

Commercial Res and Residential in Pmb Central

**Prime Mixed Commercial & Residential Property in Pietermaritzburg CBD – Investment Opportunity!**


Discover an exceptional mixed-use property situated in the heart of Pietermaritzburg CBD, generating a solid rental income of R60,000 per month. This versatile property offers both commercial and residential spaces, making it a perfect investment for those seeking steady returns and long-term growth.


**Property Highlights:**
- **Rental Income:** R60,000 per month
- **Location:** Centrally located in the bustling CBD of Pietermaritzburg, offering easy access to numerous amenities
- **Versatile Use:** Mixed commercial and residential setup, ideal for various business ventures and residential tenants


**Nearby Amenities:**
- **Education:** Close to UKZN, DUT, UNISA, TVET Colleges, primary schools, creches, and private schools
- **Healthcare:** Hospitals, clinics, and doctor's surgeries within easy reach
- **Shopping & Convenience:** Surrounded by shopping centres, supermarkets, and retail stores
- **Recreation & Fitness:** Near sports grounds, golf course, gymnasium, and parks
- **Government & Business:** Close proximity to government and municipality offices, private companies, and law firms
- **Transport:** Easy access to the N3 freeway, Oribi Airport, and public transport hubs (taxis, buses)
- **Community Services:** SAPS stations, churches, funeral parlours, and more


This property’s strategic location in the CBD ensures high foot traffic and visibility for commercial tenants while providing convenience for residents. Whether you're looking to expand your investment portfolio or seeking a property with dual income streams, this is the perfect opportunity!


**Don’t miss out on this prime investment! Contact us today to schedule a viewing.**

Features

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Zoning:
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Extras
Near University/Campus • Frequency location • Kitchen-Dinette • Near Shopping Mall • Brick • On Busy Road • Near Golf Course • Near Airport • Near Park • Staff Accommodation • Near Congress-Centre • City Center • Near Shops • Old Building • Near Schools • Near Bus • Near Fitness centre • Wheelchair Accessible • Security - System • Alarm System • Open • Modern • Concrete • Near Hospital • On Quiet Road • Safe Location • Covered Parking • Kitchen - Extra • Common Areas • Eat-in Kitchen • Near Public Transportation • Glass Siding • Satellite • Entrance Hall • Near Medical Center • Needs Renovation • East • Pets Not Allowed
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

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Pro-Rata Rates/Levies
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Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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Income

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Expenses

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MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

49,208.41

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