Enjoy city-edge, income-producing living in Arboretum — steps from the CBD, schools and amenities, with a private yard and tenant in place; three beds, one bath, single garage.
This three-bedroom simplex presents a golden opportunity for savvy investors looking to expand their portfolio in one of Arboretum’s most sought-after complexes. Positioned perfectly within a stone’s throw of the CBD, the property offers a practical layout featuring a lounge, kitchen, and a full bathroom. Outside, the home includes a private yard, a single garage, and an open carport, providing the essential features that high-demand rental units require. As a bank sale, this property is priced to move, offering a rare entry point into a competitive market with excellent potential for capital growth.
What sets this property apart is the immediate return on investment; a tenant is already in place, ensuring a seamless transition for the new owner. While the home is ready for its next chapter, it offers incredible potential for "fixing up" to further enhance its value and rental yield. Its proximity to local schools, churches, and essential amenities makes it an evergreen choice for families and professionals alike. Whether you are looking for a steady income stream or a project with a high upside, this Arboretum gem is a must-see.
Listed for sale at R850,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 18 listings in Arboretum
Insight
Priced below the median for similar properties in the area. Floor size is 50% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 8,344 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
18 similar listings
Medium similar-home inventory in Arboretum
Median time on market: 221 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
Arboretum is a peaceful residential suburb in Richards Bay, offering a blend of suburban tranquility and convenient access to essential amenities and natural attractions, making it ideal for families and individuals seeking a relaxed lifestyle.
* Distances and amenities are approximate.