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Shallcross, Shallcross, Chatsworth, KwaZulu-Natal
R 650 000
Looking for a property with significant income-generating potential? This split-level home in Shallcross is an ideal investment, perfectly positioned for convenience and rental demand. The Main House offers two spacious bedrooms with built-in cupboards, an en-suite bathroom, and a kitchen equipped with cupboards, Formica tops, and space for a freestanding stove. While this home could use a little tender loving care, it has the potential to generate approximately R5,000 per month in rental income (excluding utilities). Additional Income Streams: Flatlet One: This two-bedroom unit features a lounge, kitchen, and bathroom, with an estimated rental income of R4,000 per month. Basement Flatlet Two: A comfortable one-bedroom unit with a large lounge, kitchen, and bathroom, capable of fetching around R3,500 per month in rental income. Please note: The new owner will be responsible for installing prepaid water and electricity meters for each unit. Property Highlights: Road Level Access: The main house is conveniently located at road level. Ample Parking: A spacious front yard provides parking for approximately four vehicles. Prime Location: Enjoy close proximity to essential amenities, including Check Save shopping centre, Marklands Secondary School, Malvern Primary School, medical facilities, and other major shopping centers in Shallcross. Don't miss out on this fantastic opportunity to own a property with excellent rental income potential in a sought-after area!
Estimated monthly repayment
R 6 138
on a R 585 000 bond over 20 years at 11.25%
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Shallcross, Shallcross, Chatsworth, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 2-bed houses for sale in Shallcross
Based on 14 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Noluthando Tshabalala
Unclaimed listing — claim it to verify
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