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Athlone, Athlone, Durban North, KwaZulu-Natal
R 4 850 000
Prime Multi-Unit Investment with Expansion Potential This well-positioned property presents a fantastic opportunity for investors looking to secure consistent income with room to grow. Set on level land in a busy mixed-use area, it already generates reliable rental returns and comes with approved plans to add six more units—ideal for future development. The property consists of two well-kept buildings along with two separate flatlets, all fitted with prepaid meters for convenience. With tenants already in place, it offers immediate income. A large courtyard ensures plenty of parking for residents. Main House The main house is split into two fully independent sections, each with its own entrance: Unit 1: Offers 3 bedrooms, 1 bathroom, an open-plan lounge and dining space, plus a generously sized fitted kitchen. Unit 2: Includes 2 bedrooms, a lounge, dining area,...
Estimated monthly repayment
R 45 800
on a R 4 365 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Athlone, Athlone, Durban North, KwaZulu-Natal
Area view — the exact address is shared on enquiry.