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Palmview, Palmview, Phoenix, KwaZulu-Natal
R 1 650 000
Sole Mandate - An exceptional investment opportunity offering multiple income streams! This freestanding property is set on a generous 576sqm of flat land and is currently configured into three separate rental units, making it ideal for investors or buyers seeking a live-and-work setup. Unit 1 2 Bedrooms with built-in cupboards Open-plan lounge and dining area Kitchen with built-in cupboards 1 Bathroom Mostly tiled with laminated flooring and carpet Potential Rental Income: ±R5,000 per month Unit 2 2 Bedrooms (main bedroom with walk-in closet) Open-plan kitchen and lounge En-suite bathroom Private balcony Potential Rental Income: ±R5,000 per month Unit 3 Double garage currently occupied by a printing company Potential Rental Income: ±R3,000 per month Property Features Flat, level 576sqm land Parking for 10+ vehicles Excellent visibility from J.G. Champion Road Ideal for investors or a live/work lifestyle Multiple income-generating opportunities Potential Total Rental Income: Approximately R13,000 per month.
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Palmview, Palmview, Phoenix, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
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