MLS#: 2436286

$278,815 USD

ZAR5,000,000

  • Type
    Townhouse
  • Bedrooms
    9
  • Bathrooms
    8
  • Home/Lot size
    144m²
The details

Property features

Key features

  • Assigned Parking Space

Other features

  • Property features: Balcony

Area

  • Property size: 144m²
  • Land/Lot size: 1,851m²
  • Bedrooms: 9
  • Bathrooms: 8
  • Total rooms: 17

Description

Investment Opportunity: Newly Renovated 8-Unit Property with High Rental Yield

This fully refurbished double-storey property is a rare opportunity for investors seeking immediate rental income and long-term value.

Property Features:

8 self-contained units in total
2 Garages, 9 open parkings.
2 large units suitable for couples or small families
5 single/bachelor-style units
1 two-bedroom unit with its own kitchen and bathroom
All units are brand new, including:
Modern granite kitchens
New geysers
Updated bathrooms with new showers and toilets, Two with baths and 6 with showers.
Communal laundry and windy dryer.
Professional landscaped garden.
Secure parking for 9 vehicles
On-site JoJo water tank for added utility security
Beautiful elevated views and centrally located
Easy access to major highways – perfect for commuters

Income Potential:
This property is ideal for generating consistent monthly rental income, with an estimated potential of R45,000 per month when fully occupied.

Two investment options:

Residential rental – lease out each unit individually for steady cash flow
Business premises – suitable for company accommodation, student housing, or short-term rentals
This is a turnkey investment – fully upgraded, low maintenance, and ready for occupancy.

?? Enquire now to schedule a viewing and explore this high-potential opportunity.

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Location

Pinetown, KwaZulu Natal, South Africa