Flexible family living in sought-after suburb of Phoenix with strong rental income from three separate units, convertible space, air-conditioned main bedroom, and double garage for convenience.
Prime Property proudly presents this exceptional family home with three income-generating rental units, ideally located in the sought-after suburb of Phoenix.
This well-maintained main residence offers:
* Fully fitted kitchen with neat, well-kept cupboards, including hob, oven, and extractor fan
* Spacious main bedroom with newly installed built-in cupboards
* Newly installed air conditioning in the main bedroom
* Recently renovated bathroom featuring a modern wall cistern toilet and elegant sanitary ware
* Comfortable lounge and dining areas, ideal for family living
* Additional space available to convert into a third bedroom
Rental Units (Excellent Income Potential):
* Unit 1: One bedroom, separate kitchen, bathroom with shower, prepaid electricity
*Rental income: R3,000 p/m*
* Unit 2: One bedroom, separate kitchen, bathroom with shower, prepaid electricity
*Rental income: R3,000 p/m*
* Unit 3: Large one-bedroom unit, separate kitchen and shower, prepaid electricity
*Rental income: R5,000 p/m*
Additional Property Features:
* 2,500L JoJo water tank
* Burglar guards installed throughout
* Aluminium and steel windows
* Automated driveway gate
* Property positioned above road level
This is a fantastic opportunity to secure a home in a high-demand area, with substantial rental income to assist with bond repayments.
Contact me today to arrange a viewing while this property is still available.
Listed for sale at R1,799,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 61 listings in Phoenix (town)
Insight
Priced above the median for similar properties in the area. Floor size is 49% larger than typical for similar homes.
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
Key differences
Affordability
R 17,660 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
61 similar listings
High similar-home inventory town-wide (Phoenix)
Median time on market: 93 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
Grove End is a residential suburb in Phoenix offering a family-friendly environment with convenient access to local amenities and the greater Durban area.
* Distances and amenities are approximate.