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8 Sunrise Place, Padfield Park, Pinetown, KwaZulu-Natal
R 4 230 450
Live and Online Multi Property Auction Auction Date and Time: Wednesday, 22 April 2026 at 11:00 am Auction Venue: The Oyster Box Hotel, 2 Lighthouse Road, Umhlanga Rocks Property Address: 8 Sunrise Place, Padfield Park, Pinetown This versatile property presents an exceptional opportunity for both investors and extended families alike. Currently configured as six self-contained units, the home offers excellent income-generating potential, ideally suited for student accommodation or smaller family rentals. With an estimated rental income of approximately R27,000 per month (current income is R14000, 80% occupation with the owner still living there), it represents a strong and attractive investment option. The units are designed to ensure comfortable, practical living spaces, enhancing their long-term tenant appeal. Alternatively, with minimal adjustments, the property can easily be transformed into a single-family residence. The generous layout allows for comfortable multi-generational living, offering privacy for larger families while still maintaining excellent functionality. The outdoor living areas further elevate this home’s appeal. A beautiful swimming pool is complemented by an inviting entertainment area, perfectly positioned to take advantage of the stunning, expansive views, including scenic ocean vistas that create a tranquil and highly desirable living environment. The property also offers ample parking and generous yard space, providing practicality, convenience, and additional flexibility for residents or tenants. If you are searching for a property that combines lifestyle, flexibility, and strong investment potential, this is a must-see opportunity. Properties offering this level of versatility and value seldom become available.
Estimated monthly repayment
R 39 949
on a R 3 807 405 bond over 20 years at 11.25%
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8 Sunrise Place, Padfield Park, Pinetown, KwaZulu-Natal
Listed by
Noluthando Shabalala
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