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Athlone Park, Athlone Park, Amanzimtoti, KwaZulu-Natal
R 2 450 000
This well-maintained property is ideally located close to major transport routes and popular shopping malls, making it highly appealing to tenants. Fully tenanted and generating a generous monthly rental income of R25,700, this is an ideal option for investors seeking strong returns. The main house offers 3 spacious bedrooms, currently rented at R10,000 per month. In addition, the property features three separate income-generating units: Unit 1: 1-Bedroom flatlet - R5,700 Unit 2: 1-Bedroom loft - R6,000 Unit 3: 1-Bedroom unit - R4,000 The property is neat and well cared for, contributing to excellent tenant satisfaction and long-term retention. It includes a large swimming pool, is fully fenced for privacy and security, and offers ample on-site parking for all tenants. There is also potential to convert the property into doctors' rooms, offering future flexibility, although it is currently zoned and sold as a residential dwelling. RE/MAX Toti operates in terms of a franchise agreement with RE/MAX of Southern Africa. UPPER HIGHWAY ESTATES CC trading as RE/MAX Toti (Amanzimtoti) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 23 136
on a R 2 205 000 bond over 20 years at 11.25%
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Athlone Park, Athlone Park, Amanzimtoti, 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
Priced highPriced 8% above comparable 3-bed houses for sale in Athlone Park
Based on 20 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tumi Ndlovu
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