R 1 449 000
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7 Bed House in Pietermaritzburg Central

7 2 818 m²

Bonus of a property! Calling all investors!

Investment opportunity awaits with this spacious property, offering not one, but two erfs for the price of one!

Whether you''re looking to generate rental income, establish a workshop, start a business, or accommodate a large family, this versatile home is the answer. Although it requires a little tender love and care, its potential is undeniable. The first main house boasts 3 bedrooms, a lounge, a dining area, a kitchen, and a full bathroom with a tub, shower, and toilet. Additionally, a separate bachelor outbuilding is currently tenanted for R2,800 per month.

The second main house initially features 2 bedrooms but has been partitioned into 5 bedrooms, all currently tenanted for a combined total of R7,100. For even more rental income, there is an additional 1 bedroom outbuilding, currently tenanted for R1,000 per month.

Don''t miss out on this fantastic investment opportunity! Please contact me for a viewing.

Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.

Property details

  • Listing number T3985329
  • Property type House
  • Erf size 818 m²
  • Rates and taxes R 750

Property features

  • Bedrooms 7
  • Bathrooms 2
  • Lounges 1
  • Dining Areas 1
  • Paving

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