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Prestbury, Prestbury, Pietermaritzburg, KwaZulu-Natal
R 1 249 000
This cherished 4-bedroom, 2-bathroom home is ideally situated in a quiet, family-oriented area, conveniently close to reputable schools and a Spar shopping centre. Designed with comfortable living in mind, the home offers a generous dining room, a welcoming lounge, and a cosy reading nook—perfect for relaxed family living. The property also features a swimming pool that requires some TLC, presenting an opportunity to restore it into a beautiful outdoor entertainment space. Adding significant value is a separate granny flat, comprising 1 bedroom, bathroom, a lounge, and a kitchen space ready for completion—ideal for extended family or rental income. See picture for reference on potential kitchen look. The property further includes two additional outside rooms (incomplete), offering excellent potential to be converted into a home office, studio, or additional rental units. Parking is well catered for with both open and covered parking options. Investment Highlights: Strong rental potential with multiple income streams Estimated rental income ± R15,000 per month Based on a ± R14,000 bond, this presents an attractive yield opportunity at 12.5% Recently replaced roof (± 4 years ago), offering peace of mind and long-term durability This property is perfect for buyers looking to invest, renovate, and maximise returns, or for extended families seeking versatile living spaces. A rare opportunity to secure a property with both character and income potential.
Estimated monthly repayment
R 11 795
on a R 1 124 100 bond over 20 years at 11.25%
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Prestbury, Prestbury, Pietermaritzburg, KwaZulu-Natal
Fair-value check
Good valuePriced 14% below comparable 4-bed houses for sale in Prestbury
Based on 8 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Lebo Masilela
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