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Merewent, Merewent, Durban, KwaZulu-Natal
R 1 800 000
Investment Opportunity in Merebank – Income Generating Property! This low-maintenance facebrick home in the heart of Merebank is the perfect investment or ideal for extended family living with the added benefit of earning while you stay. Boasting two separate entrances for ease of access and parking, the property is currently tenanted and generating a combined rental income of *R6,500 per month*. *Main House:* * 3 spacious bedrooms with built-in cupboards * 2 bathrooms for added convenience * Generous lounge and dining area * Fully fitted kitchen *Granny Cottage 1:* * 1 bedroom * Lounge and kitchen * Private bathroom *Granny Cottage 2:* * 1 bedroom * Lounge and kitchen * Private bathroom Both cottages are private and ideal for rental or extended family use. The property also features *prepaid electricity meters*, keeping utility costs...
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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Merewent, Merewent, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Priced highPriced 45% above comparable 3-bed houses for sale in Merewent
Based on 12 comparable listings
A market signal from comparable listings — not a formal valuation.