R2,500,000
R2,500,000
Monthly Bond Repayment R25,804.71
Calculated over 20 years at 11% with no deposit.
Change Assumptions
Monthly Rates
R1,583
R1,583
PRIME INVESTMENT OPPORTUNITY
Earn R29,000 Per Month in Rental Income!
This multi-tenanted gem offers an exceptional return on investment, making it a must-see for savvy investors. With five rental units, all fully tenanted by good-paying tenants, this property has the potential to pay for itself if financed—an opportunity not to be missed!
Property Features:
7 Bedrooms
5 Bathrooms
5 Lounges
Level-walled property
Units have their own private gardens
One unit includes a Gemini-hut and a storage container
Unbeatable Location:
Quick access to major freeways
Close to shops, schools, and Pinetown Central
Ideal for commuters and tenants
Added Convenience & Cost Control!
Prepaid meters in each unit—no hassle with utility bills!
Good-paying tenants already in place—secure your income from day one!
Endless Possibilities!
With high rental demand in the area, this property is perfect for:
Shared living space
A solid, long-term investment
Features
Interior
Bedrooms
7
Bathrooms
5
Kitchens
5
Reception Rooms
5
Exterior
Carports / Parkings
5
Security
Yes
Pool
Yes
Sizes
Land Size
1,702m²
Hatton Estate, Pinetown
Pinetown
Pinetown is an industrial town just inland from Durban in KwaZulu Natal, South Africa. It was established in 1850 around the Wayside Hotel, which was built the year before along the main wagon route between Durban and Pietermaritzburg. It was named after the governor of Natal, Sir Benjamin Pine. The British built a concentration camp here during the Second Boer War to house Boer women and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group 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.
