Complex for sale near Banana Beach with five rental units, good income, pet-friendly, ample parking, and close to amenities.
Do not miss this as it is not just a townhouse for sale, it is a COMPLEX FOR SALE!!!! Perfect for the farsighted investor!!
The complex is located within walking distance to Banana Beach, with 5 units that can be rented out permanently or used for holiday letting.
The breakdown of these units is:
* Unit One is a 3 bedroom 2 and a half bathrooms kitchen lounge and fully tiled unit.
* Unit Two is 3 bedrooms, 1 bathroom, kitchen, lounge, with some of the unit tiled and also offers 2 under cover patios, one in front and one at the back.
* Unit Three is 2 bedrooms, 2 bathrooms one being en-suite, kitchen, lounge, dining room and 90% tiled.
* Unit Four offers private swimming pool, 4 bedrooms, 3 bathrooms, kitchen, lounge, dining room with bar area, also an entertainment section.
* Unit Five is a wooden unit that offers you 2 bedrooms, 1 and half bathrooms, kitchen and lounge.
All the units have back up water tanks and there is lots of parking space for tenants and guests. It is a pet friendly complex and all the units are rented out at the moment, giving a good rental income.
Just a short drive to Port Shepstone shopping centre and hospitals.
This is most definitely one of the best opportunities going this year!!! Don't wait, call me to arrange a viewing.
Listed for sale at R2,740,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 29 listings in Port Shepstone (town)
Insight
Priced above the median for similar properties in the area.
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
Affordability
R 26,897 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
29 similar listings
Medium similar-home inventory town-wide (Port Shepstone)
Median time on market: 233 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
Melville is a peaceful residential area offering a relaxed coastal lifestyle with convenient access to essential amenities and the natural beauty of the KwaZulu-Natal South Coast.
* Distances and amenities are approximate.