Apartment for sale
Entrepreneurial investors will love this Nseleni site, 15 minutes from Richards Bay CBD, featuring income-producing bachelor flats, on-site chicken rearing and a spacious 2,800 m² stand.
Business Investment Opportunity
Prime investment property situated at Nseleni, just 15 minutes away from from Richards Bay CBD and this property offers a large flat stand with existing structures, ready to be developed into multiple bachelor unit and it already got 3 bachelor flats, 2 are occupied with tenants
And there's also a block of chicken rearing operations, which uses several rooms to shelter the birds. What makes this property more interesting is the various business opportunities within one manageable site.An investors may recognize opportunities in the existing rental accommodation and additional structures
Listed for sale at R920,000
How does this home’s price compare with similar properties?
Insight
Priced 38% above the local median - and above the typical range across Empangeni.
Compared with 34 homes (37 listings) across Empangeni.
Buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Nseleni is a well-established residential township located near Empangeni that offers a close-knit community atmosphere with convenient access to major regional transport routes and essential services.
