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Farningham Ridge, Farningham Ridge, Pinetown, KwaZulu-Natal
R 2 400 000
Set on the border of Farningham Ridge & Hatton Estate. A great investment buy with 3 granny flats and a main house (4 UNITS IN TOTAL). The 2 larger flats at the back of the property are newly built and 95% complete. Seller has relocated, so the project will need to be completed by the next owner (Kitchens, bedroom cupboards, painting etc). THE MAIN HOUSE - Offers 3 bedrooms (BIC). The master bed has a walk in change room as well as a shower ensuite. Full family bathroom. Large, fitted kitchen (Under counter oven + hob). Quartz tops & breakfast nook. Lounge. Auto garage. Auto access. DBL carport. Rental potential +- r10 000 pm. GRANNY FLAT 1 - 2 bedrooms. Bathroom. Open plan lounge / Kitchen. Rental potential +- r8500 pm. GRANNY FLAT 2 - Currently 1 bed. Bathroom. Lounge / Kitchen. PLUS, an external room with plumbing. RENTAL POTENTIAL +- R7500 (If the 2nd room is incorporated into the units / making this flat a 2 bedroom). GRANNY FLAT 3 - Is a bachelor flat. Bathroom & kitchenette. Rental potential +- r4500 pm. TOTAL ESTIMATED RENTAL INCOME BEING +- R30500 if the whole property is rented out. Or buy & bring the extended family! All 3 flats have pre-paid electricity meters. Don't miss out!
Estimated monthly repayment
R 22 664
on a R 2 160 000 bond over 20 years at 11.25%
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Farningham Ridge, Farningham Ridge, Pinetown, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Priced highPriced 63% above comparable 3-bed houses for sale in Farningham Ridge
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Annika Shabalala
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