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Pelham, Pelham, Pietermaritzburg, KwaZulu-Natal
R 495 000
Sole Mandate - Spacious 2-Bedroom Unit in Secure Pelham North Complex Located in the sought-after area of Pelham North, this well-maintained 2-bedroom unit offers a secure and comfortable living environment. The unit features a fitted kitchen and a large lounge area with expansive windows, allowing for plenty of natural light. The main bedroom is very spacious, complete with built-in cupboards, while the second bedroom is also generously sized with ample storage. The bathroom includes a bath for added convenience. This is an excellent opportunity for both homeowners and investors. The unit can be purchased with tenants or without, depending on your preference. For investors, it currently secures a rental income of R5,500 per month, with a 6% annual increase built into the lease. Don't miss out on this great property —contact me today to arrange a viewing!
Estimated monthly repayment
R 4 674
on a R 445 500 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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Pelham, Pelham, Pietermaritzburg, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 32% below comparable 2-bed apartments for sale in Pelham
Based on 42 comparable listings
A market signal from comparable listings — not a formal valuation.