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Convenient Merewent living near schools, shops and transport, with multiple income-generating units, approved plans for a 2-bedroom addition, and parking for three vehicles.
FOR SALE – 3 Bedroom Home in Merewent | Excellent Investment Opportunity
This well-positioned property in the heart of Merewent offers comfort, convenience, and exceptional income-generating potential. Perfect for homeowners or investors, the property is close to all major amenities, including schools, shops, and public transport.
Main House:
3 Bedrooms
Kitchen with built-in cupboards
Spacious lounge
Neat bathroom
Parking for 3 vehicles
Prepaid electricity
Income-Generating Units:
Main Building Rental: R4 950
Basement Unit Rental: R3 125
Upstairs Bachelor Rental: R3 000
All units on prepaid electricity
Additional Value:
Approved building plans to develop a 2-bedroom unit at the back featuring:
2 Bedrooms
1 Ensuite
1 Main bathroom (toilet + shower)
Open-plan lounge and kitchen
This property offers strong returns with even more potential to grow your rental income.
Listed for sale at R1,700,000
Price reduced by 6.2% to R1,595,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 119 listings in Durban (town)
Insight
Priced close to the median for similar properties.
Similar properties pricing
Affordability
R 15,657 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
119 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 95 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
Merewent is a well-established residential suburb offering a mix of housing options and convenient access to amenities, making it a desirable location for families and individuals seeking a community-oriented lifestyle.
* Distances and amenities are approximate.
