Apartments in KwaMevana, Howick

Reliable cashflow in a growing locale — 20 brand-new studios with solar geysers and separate meters, plus income house and rooms; expansion plans submitted to Umgeni.

This property consists of 20 brand new studio flats with a separate shower, toilet and hand basin in four blocks of five rooms with each having a solar powered geyser above and separate electricity meters for each unit.

These units bring in R2000 per month and it also has a main house bringing in R2500 per month plus four single rooms bringing in R1000 each.

The income potential is therefore

20 X R2000

1 X R2500

3 X R1000

Totaling R45 500 with costs being mainly shortfall of electricity not recovered and rates etc of approximately R5 500 thereby netting R40 000 per month.

Plans for a further 20 rooms have been submitted to Umgeni and are awaiting approval. These will be a double story on the road side of the existing buildings.

Note: Selling price excludes VAT.

Additional Features

Pets Allowed

Monthly Costs

Estimated Repayment

R 22,087

Rates & Taxes

R 1,500

TotalR 23,587

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R2,500,000

05 Dec 2025

Area Overview

KwaMevana is a well-established residential community in Howick that offers residents a peaceful, close-knit atmosphere with convenient access to the scenic beauty and essential services of the KwaZulu-Natal Midlands.