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Woodlands, Woodlands, Durban, KwaZulu-Natal
R 1 350 000
Great Investment . The house with flatlets designed for Communal Rentals. 4 flatlets and 4 rooms in the main house. This property has Prepaid Electricity and Municipality Water. Ideal for Rental Investment. Parking for min. 6 cars. Needs TLC Income-Generating Property with Established Communal Rental Setup This well-positioned investment property offers an excellent opportunity for buyers seeking strong rental returns or a versatile home with additional income potential. The main house features a modern tiled kitchen, a comfortable lounge with wooden flooring, and four well-sized bedrooms, all currently tenanted. A shared bathroom and guest toilet service the main dwelling, making it ideal for communal living arrangements. In addition, the property includes four outside flatlets, each contributing to the rental income, with access to a shared shower and toilet facilities. The exterior boasts secure, paved parking for a minimum of six vehicles, and the property is fully walled, offering privacy and security. Utilities are efficiently managed with prepaid electricity and metered water, while a 10,000-litre JoJo tank provides added water security. Although the property would benefit from some TLC, it presents a fantastic opportunity to enhance value and maximize rental income. Whether you continue operating it as a communal rental or convert the main house back into a family home while retaining rental units, the flexibility is a major advantage. Price is negotiable. Conveniently located close to major roads and essential amenities, this property is perfectly suited for investors or homeowners looking to supplement their income. A smart investment with strong income potential and ndash; don't miss out!
Estimated monthly repayment
R 12 748
on a R 1 215 000 bond over 20 years at 11.25%
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Woodlands, Woodlands, Durban, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Woodlands
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Karabo Mabunda
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