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Palmiet, Palmiet, Durban, KwaZulu-Natal
R 1 650 000
Set in the suburb of Palmiet, this 5-bedroom property presents a rare, high-yield investment opportunity with multiple established income streams already in place. Ideal for seasoned investors or those looking to expand their portfolio, this property offers immediate returns with long-term growth potential. The main house has been renovated and boasts a spacious, well-designed layout. It features a fully fitted kitchen with ample cupboard space, a generous lounge, and a separate dining area, creating a comfortable and modern living environment. There are two well-appointed bathrooms and the main bedroom includes built-in cupboards. What truly sets this property apart is its impressive income-generating capacity. In addition to the main house, the property includes a large granny cottage offering 4 bedrooms and 2 bathrooms, a separate 2-bedroom flatlet, and a studio...
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Palmiet, Palmiet, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.