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Northdale, Northdale, Pietermaritzburg, KwaZulu-Natal
R 1 399 000
High-Yield Multi-Unit Investment ?Unlock immediate cash flow with this high-density residential portfolio in Northdale. Perfectly positioned on a spacious corner plot, this property offers dual-access convenience and is situated in a high-demand rental pocket. Located less than 1km from Debi Place and seconds from the Bombay Road taxi routes, this is a prime location for tenants prioritizing proximity to schools, sporting grounds, and the CBD. ?The Portfolio Breakdown ?The property consists of 5 self-contained units, currently generating a proximity Monthly Income of R20,700: ?Unit 1: 2 Bedrooms, Lounge, 2 Bathrooms ?Unit 2: 2 Bedrooms, Lounge, Kitchen, 1 Bathroom ?Unit 3: 1 Bedroom, Lounge, Kitchen, Bathroom ?Unit 4: 2 Bedrooms, Kitchen, Bathroom ?Unit 5: 1 Bedroom, Kitchen, Bathroom ?Financial Highlights ?Gross Income: R20,700 pm ?Operating Expenses: R3,200 pm...
Estimated monthly repayment
R 13 211
on a R 1 259 100 bond over 20 years at 11.25%
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Northdale, Northdale, Pietermaritzburg, KwaZulu-Natal
Liivra AI market value
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Listed by
David Fourie
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