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R5,000,000

22 bedroom house for sale in Prestbury

22 Beds
5 Baths
580m²
1,968m²
Pets Allowed
Backup Power
The Hidden Gem

This property is a hidden gem beyond imagination. It sits on a large expanse of landed between two streets, already subdivided into 4 lots with two entrances. This gem has possibilities for over 21 diverse permissible use such as a mini shopping center, flats medical office, residential building, restaurant, shops, business purposes, specialized etc. It currently has building approval for extension for more 15 bedrooms. If you are considering a property for multiple permissible use this it. Currently used as an income generating room rentals at R3000pm per room. It is totally off the grid with own solar power, and off the municipality water with own borehole. This gem is open to offers.

Property Type
House
Bedrooms
22
Bathrooms
5
Stand Size
1,968m²
Building Size
580m²
Living Area
1
Covered Parking
4
Open Parking
5
Pets Allowed
Yes
Solar Panels
Yes
Borehole
Yes
Covered Parking
Yes
Garden
Yes
Reference
2362040
Grade
C4
Estimated monthly costs
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R51,609
Home loan repayment
R51,609
Utilities
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R0
Property history
Listed for sale at R5,000,000
19 Feb 2025
Get to know Pietermaritzburg
Set in the heart of the Natal Midlands in KwaZulu Natal, lies the beautiful and historic Pietermaritzburg - a city full of charm and a unique beauty - most notably when the azaleas bloom during spring.
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