Perfect for entertaining and earning rental income in sought-after Raisethorpe, near amenities. Covered patio and braai area, dual units plus separate outbuilding; 4 beds, 3 baths, double carport.
Situated in the well-established and sought-after area of Raisethorpe, close to all amenities, this property is an investor’s delight offering excellent income potential and great value.
The main building is divided into two separate units, making it perfect for dual rental income or extended family living.
Unit 1 Features:
• Lounge
• Kitchen
• 2 Bedrooms
• Bathroom
Unit 2 Features:
• Open-plan lounge, dining room and kitchen
• 2 Bedrooms
• Bathroom
Additional Outbuilding:
• 1 Bedroom
• Lounge
• Kitchen
• Bathroom
The property also boasts a covered patio and braai area, ideal for relaxing, entertaining, or hosting family gatherings.
Parking:
• Double carport for 2 vehicles
• Additional open parking available
This versatile property presents a fantastic investment opportunity with multiple rental possibilities.
?? Contact us today to arrange a viewing and secure this excellent investment opportunity.
Listed for sale at R849,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 82 listings in Pietermaritzburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 8,334 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
82 similar listings
High similar-home inventory town-wide (Pietermaritzburg)
Median time on market: 84 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
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Raisethorpe is a well-established and vibrant suburb in Pietermaritzburg, offering a mix of residential comfort and convenient access to local amenities, making it an appealing place to settle down.
* Distances and amenities are approximate.