R15,000,000

R15,000,000

2,446m² Building For Sale in Pietermaritzburg Central
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Prime AAA - Grade Commercial Opportunity in a High-Traffic Location

Web Ref. WCL366
Land size 1543.00 m²
Floor size 2446.00 m²
Monthly Bond Repayment
R134,415.19
Positioned in the heart of the busiest intersection of Church Street and Bank Street, this iconic and historic commercial property offers exceptional visibility, high foot traffic, and outstanding accessibility. Spanning an entire block from Church Street through to Bank Street, the property also benefits from a valuable rear access point with parking—an increasingly rare advantage in this prime location.

Approval has been successfully obtained from AMAFA for alterations to this landmark building, allowing for seamless transformation into a modern, high-functionality commercial space while preserving its distinctive character. Unique features such as original walk-in vaults further enhance the property’s appeal and add intrinsic value.

With a gross lettable area of 2,446 sqm under roof, this AAA-grade, multi-level building is ideally suited to a wide range of commercial uses, including retail showrooms, warehousing, or even conversion into a large-scale events or convention centre.

Key Features:

±2,446 sqm gross lettable area

AAA-grade commercial building

Prime high-foot-traffic location

Dual street frontage (Church Street to Bank Street)

Rear access with parking

Zoned for mixed-use development

Upstairs:

20 private offices

Boardroom facilities

Fully equipped kitchen

Additional versatile spaces

Total of 16 toilets throughout the building

Ground Floor:

Expansive open-plan layout of approximately 1,200 sqm, ideal for retail or large-scale operations

Additional Features:

Original walk-in vaults (unique heritage feature)

2 lifts for efficient multi-level access

Backup inverter systems already installed

Comprehensive security including alarm system and cameras

Financials:

Rates: R23,500

This is a rare opportunity to acquire a landmark commercial property with scale, flexibility, and significant redevelopment potential in one of the most sought-after high-traffic business nodes.
Monthly Rates R23,500

Features

Zoning
Commercial
Sizes
Land Size 1,543 m²
Floor Size 2,446 m²

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields 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.