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Kharwastan, Kharwastan, Chatsworth, KwaZulu-Natal
R 899 999
Unlock exceptional value with this versatile income-generating property in the heart of sought-after Kharwastan. Currently producing approximately R12 000 per month in rental income, this unique opportunity is perfect for investors, extended families, or buyers looking to live in one unit while generating additional income. Set on a generous property with ample parking and exciting potential to expand into a double-storey home, this is a rare find offering both immediate returns and long-term growth. Property Highlights Approx. R12 000 monthly rental income Three separate living units Individual prepaid electricity meters Parking for 4–5 vehicles Spacious yard with future development potential Prime location close to schools, shopping centres, public transport and major routes Unit 1 1 Bedroom with built-in cupboards Spacious lounge and dining area Fully fitted kitchen with built-in cupboards Bathroom with shower, basin and toilet Fully tiled throughout Unit 2 1 Bedroom Open-plan kitchen and lounge Bathroom with shower, basin and toilet Fully tiled Basement Unit 1 Bedroom Kitchen area Bathroom with shower, basin and toilet Ideal For: First-time buyers wanting to offset their bond with rental income Investors seeking strong returns and long-term capital growth Extended families requiring separate living spaces Buyers looking to add value through future expansion Properties with existing rental income and this level of flexibility are seldom available in Kharwastan. Whether you're looking to invest, live in and earn, or create a larger family home, 70 Penguin Street offers endless possibilities.
Estimated monthly repayment
R 8 499
on a R 809 999 bond over 20 years at 11.25%
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Kharwastan, Kharwastan, 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
Good valuePriced 42% below comparable 3-bed houses for sale in Kharwastan
Based on 12 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Marie Van Wyk
Unclaimed listing — claim it to verify
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