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Chasedene, Chasedene, Pietermaritzburg, KwaZulu-Natal
R 4 200 000
This is a fantastic opportunity for anyone looking for a solid investment property with excellent rental income already in place. Situated in a convenient part of Chasedene, close to Liberty Midlands Mall, schools, hospitals, and the CBD, this property offers both comfortable living and strong earning potential. The main house has recently been upgraded and offers 3 well-sized bedrooms, 1 bathroom, a dining area, spacious lounge, and a beautifully finished wood kitchen that adds plenty of warmth and character to the home. Wooden feature doors throughout give the house a welcoming feel, while the lounge opens out to a generous entertainment area and swimming pool — perfect for relaxing or entertaining. There is also the option to easily convert the current layout back into a 4-bedroom, 2-bathroom home by incorporating the bachelor flat into the main house. What truly makes this property stand out are the 5 separate cottages on the property, all with existing tenants and leases already in place, creating immediate and reliable rental income from day one. The large yard allows for privacy between units while still offering plenty of parking and outdoor space. Whether you are looking to expand your investment portfolio or need a property that can comfortably accommodate extended family while generating additional income, this property ticks all the boxes. A rare opportunity to own a versatile, income-producing property in a high-demand area.
Estimated monthly repayment
R 39 662
on a R 3 780 000 bond over 20 years at 11.25%
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Chasedene, Chasedene, Pietermaritzburg, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
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