R1 095 000
Monthly Bond Payment: R
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Old spacious investment property
3 Bedroom House For Sale in Merrivale
Old spacious investment property
Monthly Bond Payment: R
change currency
Bond calculator
Step into a charming income generator nestled in a delightful semi-industrial residential area.
This property is a true gem, offering a generous monthly return of 9,300 including water.
Situated on a sprawling 2,000-square-meter plot, the potential for further development is boundless.
Inside, the main house boasts three bedrooms, two bathrooms, a garage, and a cozy lounge adorned with beautiful wooden flooring.
The kitchen and dining areas feature tiled floors, providing low maintenance and effortless elegance.
But that's not all - there's an additional cottage on the property, complete with its own prepaid meter and a rental income potential of ZAR 700.
This enchanting cottage is perfect for young professionals seeking a communal living experience.
Worried about parking? Don't be!
The property offers ample space under the charming carport.
Don't miss out on this captivating investment opportunity - it's the epitome of charm and financial abundance!
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Bond Payments | R |
Mun. Rates & Taxes | ZAR 600 |
Web Ref | RXPM-6819 |
Property Type | House |
Erf Size | 2011m2 |
Bedrooms | 3 |
Bathrooms | 2 |
Garage | 1 |
Mark Janneker
Candidate Property Practitioner
RE/MAX Midlands (Pietermaritzburg)
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Thandeka Ngcongo
Candidate Property Practitioner
RE/MAX Midlands (Pietermaritzburg)
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Monthly Bond Payment: R