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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
R 2 200 000
Excellent investment opportunity in the heart of Pietermaritzburg Central! This well-positioned freestanding property offers multiple income streams and is ideal for investors looking for a property with strong rental returns. The main house features an open-plan kitchen with a pantry, a spacious dining room, 5 well-sized bedrooms, and 2 bathrooms. In addition to the main house, the property includes 7 self-contained flatlets , each with its own bathroom, kitchen, and prepaid electricity meter – providing convenience for both the owner and tenants. The property also offers parking for up to 11 vehicles , making it ideal for multi-tenant living. Currently fully tenanted, the property generates R33 300 per month in rental income , making it a fantastic ready-made investment with immediate returns.
Estimated monthly repayment
R 20 775
on a R 1 980 000 bond over 20 years at 11.25%
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Pietermaritzburg Central, Pietermaritzburg Central, Pietermaritzburg, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Jan Jones
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