House for sale
Hands-off income opportunity in Prestbury, steps from Mayor’s Walk and botanical gardens. Multi-unit, fully leased property with independent flats — four bedrooms, three bathrooms and four parking bays.
Situated in the charming suburb of Prestbury, just a short stroll from Mayor’s Walk and the botanical gardens, this property presents outstanding income-generating opportunities.
The residence has been thoughtfully designed with multiple independent living spaces, featuring a main house divided into three units—comprising one 2-bedroom flat and two 1-bedroom flats—alongside additional bachelor and self-contained units. Each living space includes its own kitchen and bathroom, making it attractive to a diverse range of tenants.
Currently fully leased, this property is a perfect investment, offering immediate rental income. It’s an excellent option for investors aiming to enhance their portfolio in a prime location.
Listed for sale at R1,450,000
Price reduced by 3.8% to R1,395,000
Wide price range across Pietermaritzburg
Prices vary widely across Pietermaritzburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Pietermaritzburg (R1.1M–R2.8M).
Market depth
59 similar homes
67 listings across Pietermaritzburg
131 days
Median time on market
Many similar homes
Active across Pietermaritzburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Prestbury is a tranquil, leafy residential suburb in Pietermaritzburg known for its proximity to nature and convenient access to the city's essential amenities.
