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Springfield, Springfield, Durban, KwaZulu-Natal
R 1 650 000
This expansive 12-bedroom property located in Puntans Hill presents a unique and lucrative investment opportunity for savvy investors. Currently generating steady rental income, this property is a true gem, perfect for those looking to expand their portfolio. The layout is comprised of two separate, well-maintained units, allowing for dual rental streams and maximizing income potential. Each unit is spacious, featuring generously sized bedrooms, making it highly appealing for long-term tenants. The property also includes a full basement, offering ample storage space or the potential to be converted into additional living quarters or amenities. Convenience is key, and this property delivers with a private garage, providing secure parking, and an abundance of outdoor parking spaces to accommodate multiple vehicles, perfect for tenants and their guests. Comfort is ensured year-round with four air conditioning units strategically placed throughout the property, keeping living spaces cool and comfortable. This property has been carefully managed and maintained, making it an excellent turnkey investment for those seeking a reliable income stream. With a solid rental history and plenty of potential for future upgrades or development, this property is not just a purchase—it's an opportunity to own a high-yield asset in a sought-after location. Whether you’re an experienced investor or just starting to build your portfolio, this versatile property is a rare find that promises significant returns. Don’t miss your chance to secure this remarkable investment opportunity!
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Springfield, Springfield, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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