Full Block, 10th Avenue Shopping Centre,Kensington - Office Space For Sale in Maitland

A fantastic investment opportunity along busy Voortrekker Road, ideal for commercial or mixed-use redevelopment. This property is in solid condition and positioned within a thriving business hub surrounded by long-established enterprises across multiple sectors.

The property is zoned MU2 with a FAR of 4, allowing for a height of up to 25 metres, ideal for a multi-storey commercial, industrial, or residential development. It currently generates approximately R80,000 per month in rental income, anchored by a stable front tenant, while the rear units (±60% occupied) provide additional cash flow and redevelopment potential.

With new Beta fencing, dual access gates, and secure rear parking, this property suits mechanical, light manufacturing, or mixed-use operations. Structurally strong with IBR roofing and air vents in good condition, it offers both immediate returns and long-term growth potential.

Town Planning Info:
• Zoning: MU2
• FAR: 4
• Primary Use: Business Premises, Industrial Premises, House Dwelling, Hospital
• Coverage: 75%
• Height Restriction: 25.0m
• Building Line: 0.00m up to 4.50m
• Street Setback: 8.00m

Property Features:
• Redevelopment height potential up to 25m (MU2 zoning)
• ±R80,000 monthly income with strong tenant mix
• 60% occupancy on rear units for additional upside
• Secure yard and new double gate access
• Structurally sound with IBR roofing and ventilation
• Excellent exposure and accessibility on Voortrekker Road

Please view the video and contact EJ for further information or to arrange a viewing.