- 3
- 3
- 2
- 703.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1900.00
Property description
Buy one property and take home three incomes. This home on Ricky's Terrace in Dunveria gives you a place to live plus two tenant ready units that can start working toward your bond from the day you move in.
The main house offers three spacious bedrooms, including a master and a second bedroom each with their own en suite, so privacy is built in for family or guests. A separate lounge and dining room mean everyday living and entertaining do not have to compete for space, and the kitchen comes fitted with built in cupboards so storage is sorted from day one. Detailed staircases and finished ceilings give the home a sense of care that goes beyond the basics, and a secure double garage keeps your vehicles under cover every night.
Unit 1 is already bringing in R6,000 a month, with two bedrooms, a bathroom, a separate lounge and dining area, and its own kitchen, everything a tenant needs without sharing your space. Unit 2 adds a further R4,000 a month, with one bedroom, an open plan kitchen and dining area, and a lounge that feels larger than the unit's footprint suggests. Together, the two units bring in R10,000 a month before you have spent a rand of your own, income that can go straight toward your bond or straight into your pocket.
The property sits on a 703m² erf in Dunveria, close to Dunveria Secondary School and within easy reach of Raisethorpe Shopping Centre, where a Shoprite and PEP cover everyday shopping without a long drive. It is an established part of Pietermaritzburg, so you are buying into a suburb with existing infrastructure rather than a new development still finding its feet.
Priced at R1,699,000. If the numbers work for you, book a viewing with Zuko Vilakazi to see the layout in person and go through the current rental details for both units.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 3 Bedrooms
- 3 Bathrooms
- 2 Garages
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Aircon
- Kitchen
- Two Income-Generating Rental Units
| Bedrooms | 3 |
| Bathrooms | 3 |
| Garages | 2 |
| Erf Size | 703.0 m2 |
