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22 Tensing Road, Naidooville, Umkomaas, KwaZulu-Natal
R 1 940 000
Cash-Flow Positive Multi-Unit Home with Flatlets and Expansion Potential in Naidooville, UmkomaasThis versatile multi-unit property in Naidooville, Umkomaas presents an exceptional opportunity for both investors and extended families seeking a secure home with strong income support. Positioned on a generous 1019 sqm erf with dual road access, the property comprises a well-finished main house together with multiple flatlets, each operating on prepaid water and electricity. The current rental configuration generates consistent monthly income, which comfortably offsets the property''s ongoing costs, offering a rare cash-flow positive investment in today''s market while retaining the flexibility to adapt the layout for family use.The main residence features two bedrooms and two bathrooms, including an expansive main bedroom with dressing area and en-suite. The open-plan lounge and kitchen are fully tiled and finished with granite countertops, ample cabinetry, and a combination gas and electric stove with dual ovens, flowing into a practical living space ideal for everyday family living. Attached to the main house are two flatlets-a bachelor unit and a one-bedroom unit-which can remain income-generating or be incorporated into the home to accommodate a larger family. A staircase from one of these flatlets leads to a slabbed roof, presenting a valuable opportunity for further development or additional accommodation, subject to approvals.Set apart from the main dwelling are two additional one-bedroom flatlets, accessed via the opposite street entrance, enhancing tenant privacy and improving long-term rental appeal. In total, the property offers six bedrooms, six bathrooms, and five functional kitchens, allowing for multiple income streams or multi-generational living. Outdoor features include a large covered entertainment patio with built-in braai, extensive paved parking for up to 10 vehicles, water tanks, and a well-established garden with fruit trees and vegetable space. Fully walled with security features and ideally located near freeway access, schools, and local amenities, this property is well suited to buyers looking for a solid investment with development upside, or a family home where rental income significantly contributes toward monthly expenses.BLUE CANYON PROPERTIES 71 CC trading as REMAX Coast and Country Scottburgh operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 18 320
on a R 1 746 000 bond over 20 years at 11.25%
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22 Tensing Road, Naidooville, Umkomaas, KwaZulu-Natal
Listed by
Deon Zuma
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