- 10
- 6
- 1 125.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 3024.00
Property description
Perfectly positioned in the sought-after suburb of Hayfields, directly opposite the exciting new mall development, this versatile property offers an outstanding opportunity for investors looking to secure a high-performing income-generating asset with exceptional future potential.
Currently operating as a successful multi-tenanted property, the premises comprise 8 fully tenanted flats, producing an impressive monthly rental income of approximately R54,000. With reliable tenants already in place, this is an investment that delivers immediate returns.
Adding even greater value is the spacious main house, which is currently occupied but could easily be converted into additional rental accommodation, significantly increasing the property's income potential.
Its prime location and flexible layout also make it an ideal option for a medical practice, healthcare centre, boutique guest house, B&B, or professional offices, benefiting from excellent exposure and the continued growth expected from the surrounding commercial development.
Property Features:
Prime Hayfields location opposite the new mall development
8 fully tenanted flats
Current rental income of approximately R54,000 per month
Spacious main house with potential for additional rental income
Excellent opportunity for investors seeking immediate cash flow
Ideal for a medical practice, B&B, guest house, or professional offices
High-visibility position in a rapidly developing area
Strong potential for future capital growth and increased returns
Whether you're looking to expand your property portfolio or secure a versatile investment in one of Pietermaritzburg's fastest-growing commercial hubs, this property offers endless possibilities and exceptional value.
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 10 Bedrooms
- 6 Bathrooms
- 2 Lounges
- 2 Dining Area
Property Features
- Study
- Pool
- Access Gate
- Entrance Hall
- Family TV Room
| Bedrooms | 10 |
| Bathrooms | 6 |
| Erf Size | 1 125.0 m2 |
