R2,250,000
Monthly Bond Repayment R23,994.67
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Investment Opportunity: Multi-Unit Property in Sought After Suburb
This Unique Investment Property, located in a secure, sought after part of Allandale, offers exceptional income-generating potential. Ideally positioned within walking distance to schools and shops and places of worship, this property is designed for investors looking for steady rental income in a high-demand area.
The Main House comprises of 3 spacious bedrooms (including en suite with walk through, Jacuzzi, and walk in shower). There is a common bathroom for added convenience with a shower and bathtub as well as a separate common toilet.
Open-Plan Living Area: The lounge, dining, and kitchen with scullery flow seamlessly together, creating a welcoming and comfortable environment ideal for families.
The Double Story 2nd Section and 3rd Sections:
Each Unit consists of 2 Bedrooms plus 2 bathrooms (including en suite) as well as a living room and fitted kitchen.
Each Unit has it's own Electricity and Water prepaid meters and each unit has it's own geyser.
The servant's quarters is serviced by a separate toilet.
Parking is a breeze with ample parking for every unit on site.
Prime Location: Situated in a Sought-After part of the suburb, ensuring both safety and privacy, while being conveniently close to schools, places of worship, and public transport routes.
This property is priced competitively to generate a strong rental income, making it a smart investment for anyone looking to maximize returns. Whether you’re a seasoned investor or looking to expand your portfolio, this property offers versatility and solid rental demand.
Don’t miss out on this lucrative opportunity!!
Features
Interior
Exterior
Sizes
Allandale, Pietermaritzburg
Get Email Alerts
Sign-up and receive Property Email Alerts of Houses for sale in Allandale, Pietermaritzburg.
Disclaimer: While every effort will be made to ensure that the information contained within the Urban Link website is accurate and up to date, Urban Link makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.