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Upper Ferncliffe, Upper Ferncliffe, Pietermaritzburg, KwaZulu-Natal
R 3 400 000
Prime Investment Opportunity: Versatile 6-Bedroom Property with High Income Potential Discover an exceptional investment opportunity in a highly sought-after area, perfectly configured for robust rental income as nurses'' accommodation, young professionals'' housing, a thriving BnB, or even for comfortable multiple family living. This expansive property offers an incredibly flexible layout, setting the stage for diverse income streams or adaptable living arrangements.Currently featuring 6 generously sized bedrooms, this home boasts the unique advantage of two fully equipped kitchens and two separate lounges, complemented by a dedicated dining room. This dual-living setup is ideal for independent living units, allowing for shared common areas while maintaining privacy, making it perfect for various occupancy models, including multi-tenant or accommodating extended families.The untapped potential extends further with a double garage, ripe for conversion into an additional two income-generating rooms. This easy expansion significantly boosts the property''s earning capacity.Strategically located in a desirable neighbourhood, this property benefits from its proximity to key amenities, healthcare facilities, and business hubs, making it an attractive option for nurses and young professionals seeking convenient, comfortable living. Its prime position also offers excellent prospects for a bed and breakfast venture, attracting tourists and visitors to the area. Show more Show less
Estimated monthly repayment
R 32 107
on a R 3 060 000 bond over 20 years at 11.25%
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Upper Ferncliffe, Upper Ferncliffe, Pietermaritzburg, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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