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Umhlatuzana, Umhlatuzana, Chatsworth, KwaZulu-Natal
R 6 499 000
An exceptional investment opportunity awaits in the strategically positioned suburb of Umhlatuzana, Chatsworth, conveniently located just off Higginson Highway and within easy reach of major transport routes, schools, shopping centres and surrounding business nodes. This established residential development comprises 8 spacious units, offering an investor multiple options to unlock and potentially increase the property's income-producing capacity. THE DEVELOPMENT The property currently consists of: 4 × Three-Bedroom Units Each unit offers: 3 spacious bedrooms with built-in cupboards Fully fitted kitchen En-suite bathroom Family bathroom Open-plan lounge and dining area Washing-machine outlet 1 undercover parking bay 1 additional open parking bay 4 × Two-Bedroom Units Each unit offers: 2 bedrooms Fully fitted kitchen Open-plan lounge and dining area Separate shower and toilet Dedicated parking The complex is currently not sectionalised, creating potential flexibility for an investor or developer to investigate sectionalisation and the possibility of selling individual units separately, subject to professional, municipal and legal approval. WHY THIS PROPERTY IS INTERESTING TO AN INVESTOR The attraction is not simply the existing rental income. The real opportunity is the number of different strategies available from the same underlying asset. OPTION A Keep it residential Current reported income: approximately R54,000/month Potential indicated rental target: approximately R60,000/month OPTION B Student accommodation Illustrative capacity: up to 40 occupants Illustrative gross income at R4,000/occupant: R160,000/month Illustrative gross income at R5,000/occupant: R200,000/month OPTION C Worker / professional accommodation Illustrative gross income at R4,500/occupant: R180,000/month Illustrative gross income at R5,000/occupant: R200,000/month OPTION D Medical / consulting centre Illustrative gross income at R6,000 per room: R96,000/month Illustrative gross income at R7,500 per room: R120,000/month OPTION E Sectionalise and sell individually Potential capital-exit strategy, subject to feasibility, approvals and achievable market values. THE INVESTMENT PROPOSITION This is therefore not simply an opportunity to purchase eight residential units. It is an opportunity to acquire an existing income-producing property with multiple potential value-creation strategies. An investor could retain the existing rental model, optimise conventional residential rentals, reposition the property toward student or professional accommodation, investigate a medical and consulting centre, create a hybrid income model, or explore sectionalisation and individual unit sales. The property's location just off Higginson Highway, established accommodation configuration and eight-unit layout provide a strong foundation from which to investigate these strategies. For the investor with the vision and appetite to reposition the asset, the greatest opportunity may lie not in what the property currently produces — but in what it could potentially produce after the right strategy, capital expenditure and approvals are applied. Serious investors are encouraged to conduct their own feasibility study, including zoning verification, municipal approvals, building compliance, market demand, refurbishment costs, operating expenses, financing costs, taxation and achievable rental or sales values before relying on any projected returns. Don't wait for someone else to see the potential first. ?? Contact Bradley Edwin today to arrange your exclusive viewing.
Estimated monthly repayment
R 61 372
on a R 5 849 100 bond over 20 years at 11.25%
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Umhlatuzana, Umhlatuzana, Chatsworth, 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 355% above comparable 3-bed houses for sale in Umhlatuzana
Based on 14 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tshepo Hadebe
Unclaimed listing — claim it to verify
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