Commercial property for sale in Maitland

Description

Exceptional opportunity to acquire a GR4-zoned property on a 1,054m² erf in the heart of Maitland. Currently operated as a successful shared accommodation facility, this versatile property offers immediate income generating potential together with significant redevelopment opportunities. The property comprises multiple accommodation rooms, communal kitchens, shared facilities, generous outdoor areas, and secure perimeter fencing. The existing configuration is ideally suited to student accommodation, staff housing, social housing, co-living accommodation, or continued room rentals. Positioned within close proximity to Paarden Eiland, Woodstock, Century City, major transport routes, and public transport links, the property benefits from strong rental demand and excellent accessibility. Property Features: GR4 (General Residential 4) Zoning Erf Size:... Exceptional opportunity to acquire a GR4-zoned property on a 1,054m² erf in the heart of Maitland. Currently operated as a successful shared accommodation facility, this versatile property offers immediate income generating potential together with significant redevelopment opportunities. The property comprises multiple accommodation rooms, communal kitchens, shared facilities, generous outdoor areas, and secure perimeter fencing. The existing configuration is ideally suited to student accommodation, staff housing, social housing, co-living accommodation, or continued room rentals. Positioned within close proximity to Paarden Eiland, Woodstock, Century City, major transport routes, and public transport links, the property benefits from strong rental demand and excellent accessibility. Property Features: GR4 (General Residential 4) Zoning Erf Size: 1,054m² Existing Income-Producing Shared Accommodation Multiple Lettable Rooms Communal Kitchens & Shared Facilities Character Wooden Floors & High Ceilings Secure Perimeter Fencing Large Outdoor Areas Prime Central Location Ideal For: Student Accommodation Operators Residential Investors Social Housing Providers Co-Living Accommodation Developers Seeking Future Redevelopment Opportunities Properties with this zoning, erf size, and location seldom become available in Maitland. Asking Price: R5,950,000 Contact to arrange a viewing. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1248896916","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Garden

Yes

Bedrooms

8

Erf Size

1 054 m²

Bathrooms

8

Floor Size

460 m²

Listing Date

11 June 2026

Pets Allowed

Yes

Listing Number

117307940

Street Address

11A Spencer St, Maitland, Cape Town, 7405, Maitland

Internet Access

Fibre

Rates and Taxes

R 1 365

Special Features

Gas Geyser

Type of Property

Commercial Property