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2 Garnet Avenue, Sunnyridge, Newcastle, KwaZulu-Natal
R 995 000
* Exclusive Mandate* This fantastic investment opportunity offers three separate units on one erf, making it an ideal addition to any property portfolio. With a proven track record of generating rental income for many years, this property provides immediate earning potential while offering scope for future growth and improvement. The property comprises three versatile units. The first flat features an open-plan living area and kitchenette, a bedroom, and a bathroom. The main house, currently tenanted, offers three bedrooms, a kitchen, and a comfortable living room. The third unit consists of a living area with a compact kitchenette, a bedroom, and a bathroom, creating another attractive rental opportunity. While the property could benefit from some TLC, its strong rental potential and flexible layout make it a worthwhile investment. Whether you're looking to expand your portfolio or secure a property with multiple income streams, this is a must-see opportunity with plenty of upside potential
Estimated monthly repayment
R 9 396
on a R 895 500 bond over 20 years at 11.25%
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2 Garnet Avenue, Sunnyridge, Newcastle, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 32% below comparable 3-bed houses for sale in Sunnyridge
Based on 61 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tebogo Motaung
Unclaimed listing — claim it to verify
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