R2,950,000
R2,950,000
8 Bedroom Simplex For Sale in Pelham
8
Bedrooms
2
Bathrooms
4
Parkings
Ref. RLS1011194
Floor 206.00 m²
Monthly Repayment
R29,949.25
Lungani Mchunu
Lungani Mchunu Candidate Property Practitioner Seeff Pietermaritzburg PPRA Registered | FFC 20237475140
Monthly Levy R2,405
Monthly Rates R1,468
Total R3,873

8 Bedroom Simplex For Sale in Pelham

Web Ref. RLS1011194
INVESTMENT OPPORTUNITY | FULLY OCCUPIED 8-BEDROOM HOUSE IN PELHAM

Looking for a property that generates income from day one? This 8-bedroom house in the sought-after suburb of Pelham, Pietermaritzburg, presents an excellent opportunity for investors seeking established rental income.

Currently operating as shared accommodation, the property is fully occupied and generates over R30,000 in monthly rental income, making it an attractive option for investors looking to expand their property portfolio.

The property offers:

8 bedrooms providing accommodation for multiple tenants.

2 bathrooms.

4 parking spaces.

Fully furnished and currently operating as shared accommodation.

Fully occupied, with an established rental income stream.

Situated in a safe and desirable area of Pelham.

Conveniently located close to the new Astron Energy garage and public transport routes.

Easy access to amenities and key areas in the heart of Pietermaritzburg.

AN INVESTMENT THAT WORKS FOR YOU

With its established shared accommodation setup, existing tenants and monthly rental income exceeding R30,000, this property offers investors an opportunity to acquire an income-generating asset in a well-positioned area.

Whether you are an experienced investor or looking to enter the student and shared accommodation market, this property deserves your attention.

Secure your next investment in Pelham today!

Contact Lungani Mchunu at Seeff Properties Midlands to arrange a viewing and explore this exciting investment opportunity.

Features

Interior
8 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
1 Study
Exterior
4 Parkings (Secure Parking)
2 Flatlets
Pool
Sizes
Floor Size 206 m²

Pelham, Pietermaritzburg

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Finance

Monthly Repayment
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