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27 Mayor's Walk, Prestbury, Pietermaritzburg, KwaZulu-Natal
R 1 395 000
Invest in Your Future: Prime Multi-Unit Property with Strong Rental Potential! Unlock an exceptional investment opportunity with this versatile property, perfectly suited for both seasoned investors and first-time buyers looking to generate passive income. Conveniently located near popular amenities such as the Mayor’s Walk and the stunning botanical gardens, this multi-family residence boasts a strategic layout designed to maximize rental potential. Property Overview: - Main House: Divided into three separate flats, the main house includes two one-bedroom flats—one with a lounge and the other without—each featuring a kitchen and bathroom. Additionally, there is a spacious two-bedroom flat that includes a lounge, kitchen, and bathroom. This diverse layout provides appealing rental options to attract a wider tenant base. - Additional Flats: Enhance your income with two bachelor flats on the property, each thoughtfully designed for comfortable living. These modern spaces offer essential amenities, appealing to tenants seeking simplicity and convenience. - Current Tenancy: All units are currently tenanted, ensuring immediate cash flow and eliminating the hassle of searching for renters. Location Benefits: Nestled near the Mayor’s Walk Spar and beautiful botanical gardens, this property not only offers convenient access to outstanding outdoor spaces but also attracts potential tenants who value proximity to local attractions. Key Features: - Versatile Layout: Ideal for family living or multi-family rentals, ensuring maximum occupancy options. - Established Income: Benefit from a property generating income from day one, perfect for building your investment portfolio. - Personal Touch: Unfurnished units provide the flexibility to personalize or optimize based on market demand. This property presents a unique opportunity to secure your financial future in a thriving market. Don’t miss out—schedule a viewing today to explore the potential this multi-unit property holds for you!
Estimated monthly repayment
R 13 173
on a R 1 255 500 bond over 20 years at 11.25%
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27 Mayor's Walk, Prestbury, Pietermaritzburg, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Prestbury
Based on 8 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Annika Ramaphosa
Unclaimed listing — claim it to verify
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