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Fernwood, Fernwood, Newcastle, KwaZulu-Natal
R 3 196 650
FOR SALE: Dual-Living Property with Excellent Rental Income in Fernwood This versatile dual-home property in the sought-after suburb of Fernwood presents an outstanding opportunity for investors or families looking to generate additional income while enjoying comfortable living. Currently generating a rental income of R11,000 per month, this property offers two separate homes on one stand, making it ideal for extended families, rental investment, or owner-occupiers looking to offset their bond repayments. Front House Features: 2 Spacious bedrooms 1 Bathroom Comfortable living area Functional kitchen Private entrance Back House Features: 3 Well-sized bedrooms 1 Bathroom Spacious living area Kitchen Separate entrance for added privacy Property Highlights: Dual-living setup with two independent homes Current rental income of approximately R11,000 per month Ideal investment with immediate income potential Perfect for extended families or live-and-rent opportunities Secure, well-positioned property in Fernwood Whether you're looking to expand your property portfolio or secure a home that pays for itself, this income-generating property offers exceptional value and flexibility. Contact us today to arrange a viewing and discover the potential this unique Fernwood property has to offer.
Estimated monthly repayment
R 30 187
on a R 2 876 985 bond over 20 years at 11.25%
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Fernwood, Fernwood, Newcastle, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Jan Ramaphosa
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