House for sale
Central Pietermaritzburg lifestyle on William Street — leafy, convenient location close to schools and shops. Main family home plus five rental rooms generating about R15,000 monthly and triple garage.
Spacious Family Home with Excellent Rental-Income Potential.
Situated on William Street in Pietermaritzburg, this spacious property presents an excellent opportunity for homeowners and investors alike. Offering a comfortable family residence alongside additional rental accommodation, this property combines practical living with the potential for a valuable supplementary income.
The main house features three well-sized bedrooms with built-in cupboards, a bathroom, and an open-plan living area designed for comfortable everyday living. The layout seamlessly combines the kitchen, lounge, and sitting area, creating a welcoming space for the entire family.
Additional Rental Accommodation
A standout feature of this property is the five additional bedrooms currently used for rental purposes, generating an estimated rental income of approximately R15000 per month. This provides an attractive opportunity for buyers looking to supplement their income while enjoying the benefits of homeownership.
This property boasts the following:
Key Property Features
3-bedroom main family home
Built-in cupboards in the main bedrooms
1 bathroom in the main residence
Open-plan kitchen, lounge, and sitting area
5 additional bedrooms for rental purposes
Approximately R15,000 in monthly rental income
Large garage accommodating up to 3 vehicles
Ideal for families seeking additional income
Attractive investment opportunity with existing rental potential
An Opportunity Not to Be Missed
Whether you are looking for a spacious family home or an investment property with an existing income stream, this property offers the best of both worlds. With its combination of comfortable family living, additional rental accommodation, and ample secure parking, it is an opportunity well worth considering.
Contact us today to arrange a viewing and explore the potential this property has to offer
Listed for sale at R2,350,000
How does this home’s price compare with similar properties?
Price comparison based on 7 similar-sized 5+ bed homes.
Insight
Priced 40% below the local median - and below the typical range across Pietermaritzburg.
Compared with 7 similar active listings across Pietermaritzburg.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. 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.
Pietermaritzburg Central serves as the historic administrative heart of the city, offering residents a blend of Victorian architecture, convenient access to essential government services, and a vibrant urban lifestyle.
