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Newtown, Newtown, Durban, KwaZulu-Natal
R 950 000
This beautiful property is located in Inanda, Newtown C and offers excellent investment potential. The main house features a lounge, dining area, and kitchen, with 4 bedrooms downstairs and 2 bedrooms upstairs. There are 2 bathrooms on the ground floor and 1 bathroom upstairs. In addition, the property includes two outside rooms, and 1 garage, making it ideal for rental income. The property uses prepaid electricity on each bedroom and is currently operated as rental units, generating steady returns. Conveniently located close to shopping centers, a petrol station, community clinic, schools, and public transport, this property is perfectly positioned for tenants. This is a great investment opportunity and performs exceptionally well as a rental property.
Estimated monthly repayment
R 8 971
on a R 855 000 bond over 20 years at 11.25%
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Newtown, Newtown, Durban, KwaZulu-Natal
Listed by
Kgomotso Ramaphosa
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