R2,250,000
Monthly Bond Repayment R23,608.26
Calculated over 20 years at 11.25% with no deposit.
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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
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