Office Space 36 Kings Road, Pinetown Central

Own a commanding commercial property with exceptional income potential at the heart of Pinetown Central! This remarkable Retail & Office Block, situated on the corner of King & Glenugie Roads, offers a strategic location, diversified income streams, and exciting development possibilities.

A Prime Investment:

• Corner Location (King & Glenugie Rds): Benefit from high visibility and excellent accessibility, attracting a large customer base for both retail and office tenants.
• Opposite Pine Crest Centre: Capitalize on established foot traffic and the convenience of being located near a popular shopping centre.
• Mixed-Use Zoning with FAR 5: Enjoy the flexibility to accommodate a variety of retail and office uses while exploring further development opportunities.
• Strong Existing Income (R4.3m): Secure a stable income stream with potential for growth (R5.3m).

Exceptional Features:

• 3,960 sqm Floor Area: Ample space to accommodate a diverse range of tenants.
• Ground Floor Retail: Generate rental income from attractive retail storefronts facing busy King Road.
• 3 Floors of Offices: Offer modern office space to businesses seeking a central location.
• 59 Basement Parking Bays & 26 Open Bays: Provide ample and convenient parking for tenants and customers.
• 2 Elevators: Ensure easy access to all office floors.

Ideal for Astute Investors Seeking Growth:

This landmark property presents an exceptional opportunity for:

• Established investment firms: Expand your portfolio with a high-yielding commercial asset in a thriving location.
• Property developers: Unleash the full potential of the property with further development opportunities allowed by the zoning.
• Owner-occupiers: Secure a prominent location for your own business and generate additional income by leasing out the remaining space.