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Pinelands, Pinelands, Pinetown, KwaZulu-Natal
R 4 995 000
An excellent opportunity for investors to acquire a fully occupied, income-generating property in the well-positioned suburb of Pinelands. This block comprises a mix of residential apartments and retail units, offering diversified rental income. Property Features: • 9 x Apartments and 3 x Shops • Fully tenanted – immediate return on investment Apartment Breakdown: • 3 x 3-Bedroom Units • 3 x 2-Bedroom Units • 3 x 1-Bedroom Units Retail Component: • 3 x Shops (all occupied) Utilities: • Property is on post-paid water and electricity • All tenants are on prepaid water and electricity systems Additional Information: • Floor plans available This block offers stable rental income with a strong tenant base already in place. Ideal for investors looking to expand their portfolio with a multi-unit residential and retail asset. For more information or to arrange a viewing, please get in touch.
Estimated monthly repayment
R 47 169
on a R 4 495 500 bond over 20 years at 11.25%
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Pinelands, Pinelands, Pinetown, KwaZulu-Natal
Fair-value check
Priced highPriced 363% above comparable 1-bed apartments for sale in Pinelands
Based on 38 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Deon Brown
Unclaimed listing — claim it to verify
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