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Raisethorpe, Raisethorpe, Pietermaritzburg, KwaZulu-Natal
R 1 299 000
Welcome to your next investment opportunity nestled in the serene upper part of Raisethorpe! This well-built double storey residence is not just a home; it’s a lucrative income generator, currently occupied by the owner and tenants who appreciate its spacious design and desirable location. Main Living Space: Ascend to the upper floor where you’ll find a thoughtfully designed layout featuring three generous bedrooms, each equipped with built-in wardrobes for ample storage. Two of these bedrooms boast their own ensuite bathrooms, offering privacy and convenience, while an additional common bathroom ensures that guests are well accommodated. The inviting lounge area is perfect for relaxation or entertaining, seamlessly flowing into the dining room that invites family gatherings. A dedicated study/prayer room provides a peaceful retreat for work or reflection. The fitted kitchen is both functional and stylish, making meal preparation a delight. Outbuildings: The property further enhances its appeal with three outbuildings: *Outbuilding 1: A cozy two-bedroom unit complete with built-in wardrobes, an ensuite bathroom, kitchen, and lounge area - ideal for extended family or as a separate rental unit. *Outbuilding 2: A charming one-bedroom space featuring its own kitchen and shower facilities -perfect for independent living. *Outbuilding 3: Another one-bedroom unit that includes essential amenities like a kitchen and toilet/shower setup. While this home has immense potential, it does require some tender loving care on the exterior to truly shine. However, the solid construction promises durability and longevity. Investment Potential: Whether you're looking to expand your real estate portfolio or seeking a multi-generational living arrangement with income potential from tenants in place, this property offers versatility like no other. Pricing & Viewing: This gem is available at negotiable pricing as the owner is open to reasonable offers. Don’t miss out on this fantastic opportunity! Contact Ravin today to schedule your viewing appointment and explore all that this remarkable property has to offer! Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Estimated monthly repayment
R 12 267
on a R 1 169 100 bond over 20 years at 11.25%
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Raisethorpe, Raisethorpe, Pietermaritzburg, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Raisethorpe
Based on 49 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sarah Mthembu
Unclaimed listing — claim it to verify
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