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121 Dinapur Road, Merebank East, Durban, KwaZulu-Natal
R 1 498 000
Exceptional Investment Opportunity – Live Comfortably While Your Property Works for You This solid facebrick, low-maintenance property offers an outstanding combination of comfortable family living and exceptional income-generating potential, with rental opportunities that can subsidize a significant portion of your bond repayment. The main residence is a spacious and well-maintained double-storey home featuring five generous bedrooms and ample living space for the extended family. A tarred driveway and covered carport provide convenient parking and a welcoming first impression. This can be easily converted into 2 versatile income generating units. The lower level boasts a spacious lounge, dining room, fully functional kitchen, and a comfortable bedroom with a modern, accessible bathroom—ideal for grandparents or guests. Upstairs, you'll find four well-sized bedrooms with ample built-in cabinetry, additional bathrooms, and a balcony where you can unwind while enjoying beautiful evening sunsets. Adding tremendous value to this property are two separate income-producing units: A neat open-plan bachelor unit, perfect for a newlywed couple or single tenant, complete with a kitchen, shower room, and separate toilet. Upstairs features a well-designed and meticulously maintained two-bedroom granny flat featuring a spacious lounge, dining area, kitchen, and built-in cupboards throughout with a modern bathroom. Ideally positioned just off main roads, making commuting access very convenient from your doorstep. Within close proximity to the popular local beaches, shopping centres, schools, creches and medical centres...all less than 2km away! Added security for peace of mind as it is located next to a popular school. Whether you're looking for a large family home with rental income or a smart investment opportunity, this property ticks all the boxes. Don't delay – opportunities of this caliber don't stay on the market for long!
Estimated monthly repayment
R 14 146
on a R 1 348 200 bond over 20 years at 11.25%
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121 Dinapur Road, Merebank East, Durban, KwaZulu-Natal
Listed by
Emma Taylor
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