House for sale
Convenient Meer en See living steps from schools and shops — ideal for student or staff housing with a loft, two separate entrances, 13 rooms, six bathrooms and two covered parking
Calling all investors to this ideally located property in the sought-after area of Meer en See. Perfectly suited for student accommodation, employee housing, or rental investment, this property offers exceptional income-generating potential.
The property boasts 13 spacious rooms, 6 bathrooms, and an additional loft room, creating ample accommodation space for multiple tenants. With the potential to accommodate up to 26 students or working individuals, this is an excellent opportunity for investors looking to expand their property portfolio.
The property also offers 2 separate entrances, providing added convenience, accessibility, and flexibility for tenants or future development possibilities. Its prime location places it close to schools, businesses, shopping centres, and other essential amenities, making it highly attractive for tenants.
Whether you are looking to establish a student residence, staff accommodation, or a high-return rental investment, this property offers endless potential and excellent value.
Listed for sale at R1,800,000
How does this home’s price compare with similar properties?
Insight
Priced 59% below the local median - and below the typical range in Meer En See.
Compared with 10 5+ bed homes (15 listings) in Meer En See.
It's priced below similar homes, which may reflect condition, position or finishes.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Meer En See is a tranquil, upscale coastal suburb in Richards Bay, highly sought after for its proximity to pristine beaches, lush nature reserves, and a relaxed family-oriented lifestyle.
