Live comfortably while earning rental income in a convenient neighbourhood near shops and schools — business rights plus two flats. Main house: four bedrooms, two baths, three garages.
With 2 flats and business rights, it offers multiple income streams. The main house has a lovely layout, and the flats are well-appointed. The potential rental income is attractive, with Flat 1 generating R6,500/month and Flat 2 generating R4,500/month.
Some potential benefits of this property include:
- Diversified income streams
- Business rights for potential commercial use
- Student accommodation or extended family living options
- Secure features like security gates and alarm system
If you're interested in learning more, you might want to contact the agent to:
- Schedule a viewing
- Ask about the asking price and any additional costs
- Inquire about the neighborhood and local amenities
- Discuss potential renovation or upgrade opportunities
Do not miss out on this one!
Listed for sale at R1,690,000
Price reduced by 5.6% to R1,595,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 21 listings in Despatch (town)
Insight
Priced slightly above the median for similar properties.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 15,657 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
21 similar listings
Medium similar-home inventory town-wide (Despatch)
Median time on market: 79 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Manor Heights in Despatch offers a peaceful residential environment with convenient access to essential amenities and nearby urban centers, making it ideal for families and individuals seeking a relaxed lifestyle.
* Distances and amenities are approximate.