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Umhlatuzana, Umhlatuzana, Chatsworth, KwaZulu-Natal
R 2 990 000
Rented and Ready. Money making home needs a new Landlord to collect from the money tree. Beautiful home with good finishes and fittings. Solid tenants with possible more tenants for Rental income. The best part of the Dividend producer is that it’s located within 100mts from the main road in Umhlatuzana with anchor stores within walking distance. Enter the lock up gates on road level with ample parking space for more than 10 or more cars. The main house is neatly fitted and has an inviting Spanish look and feel. The lounge is beautifully decked out with parquet floors and equipped with a fireplace for those cozy nights. The lounge has a balcony to chill and take in the view. Leading to a comfortable dining room. The kitchen is fully fitted and still in pristine condition. There as a spare room being used as a prayer room next to the dining room. The floors are glittering with the wood finish parquets as you glide down the passage to the bedrooms. Two of the bedrooms have full built-in cupboards and spacious enough for more furniture if required. The bathroom has a shower and tub, and the toilet is separate for convenience. The outbuildings have three rental units with its own pre-paid meters. Solid tenants in place with excellent rental collection. The outbuilding has potential for more rental income with a double garage potentially to let out. Previously rented out as a gymnasium. The money tree does not dry up on this property with so much opportunity to rake it in. Call me for an appointment to view.
Estimated monthly repayment
R 28 235
on a R 2 691 000 bond over 20 years at 11.25%
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Umhlatuzana, Umhlatuzana, Chatsworth, KwaZulu-Natal
Liivra AI market value
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Fair-value check
Priced highPriced 31% above comparable 4-bed houses for sale in Umhlatuzana
Based on 11 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tebogo Zulu
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