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Grosvenor, Grosvenor, Bluff, KwaZulu-Natal
R 1 730 000
Prime Main-Road Investment Opportunity | Marburg. Located on a main road in Marburg, this spacious freestanding property offers a practical investment opportunity for buyers seeking a multi-tenant or student accommodation asset in a well-connected area.Set on an approximately 1100m² erf, the property comprises 9 bedrooms and 6 bathrooms, with two kitchens, a lounge, and a dining area. The existing layout allows for straightforward reconfiguration, making it suitable for higher-density rental use while retaining flexibility for future upgrades.The property is currently part owner-occupied and part tenant-occupied, providing immediate rental income with additional scope to improve returns through refurbishment. Overall condition is fair, allowing investors to add value at their own pace.The property is fully walled and gated, fitted with an alarm system, and offers parking for up to six vehicles. A large yard provides further potential for enhancement or expansion, subject to the necessary approvals.Conveniently positioned close to schools, employment nodes, and essential amenities, with easy access to major transport routes, the location supports consistent demand from both students and the local workforce.Sold unfurnished, this property presents a solid, scalable investment opportunity in an established residential area.For more information, contact Precious Sales Agent, Pam Golding Properties. Show more Show less
Estimated monthly repayment
R 16 337
on a R 1 557 000 bond over 20 years at 11.25%
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Grosvenor, Grosvenor, Bluff, KwaZulu-Natal
Listed by
Andile Ngcobo
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