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Greenbury, Greenbury, Phoenix, KwaZulu-Natal
R 3 500 000
An excellent investment opportunity situated in Greenbury, Phoenix, close to Gandhi’s Hospital. This property offers 5 rental units in total, consisting of a 2-bedroom freestanding house and 4 separate flats. Each flat includes 2 bedrooms, an open-plan kitchen and lounge area, and 1 toilet/shower. The property is currently fully occupied by long-term tenants, generating a total rental income of R34,000 per month. This makes it ideal for an investor looking for an established rental property with immediate income. The title deed is in hand, adding further convenience for serious buyers. Key features: Located in Greenbury, Phoenix Close to Gandhi’s Hospital 5 Units in total 2-Bedroom freestanding house 4 Flats, each with 2 bedrooms Open-plan kitchen and lounge in each flat Toilet/shower in each flat Existing long-term tenants Current rental income of R34,000 per month Title deed in hand A strong income-generating property with existing tenants in place, perfect for an investor wanting to continue with the current rental setup.
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Greenbury, Greenbury, Phoenix, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Willem Ngcobo
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