House for sale
Effortless passive income in Brindhaven, Verulam — close to Durban amenities and transport, featuring a large yard for expansion and nine self-contained units with secure parking for ten vehicles.
This investment property in Brindhaven, Verulam, Durban offers a strong opportunity for income generation and future growth.
Property Overview:
Location: Brindhaven, Verulam, Durban
Asking Price: R1,400,000
Current Rental Income: R18,000 per month
Number of Units: 9 rental units
Parking: Secure parking for up to 10 vehicles
Facilities: Each unit has a private bathroom and toilet, prepaid electricity, and water
Financial Status: Municipal rates and utility accounts are fully paid and up to date
Additional Space: Large yard with potential for additional units (subject to municipal approval)
Area: High-demand rental location with strong investment potential
Ideal For:
Property investors looking for immediate cash flow
Expanding a rental portfolio
Housing students or workforce
Long-term passive income generation
If you are considering investing in property with immediate rental income and longer-term development potential, this could be a solid option to explore.
Would you like advice on how to proceed with evaluating this property or steps for arranging a viewing?
Listed for sale at R1,400,000
How does this home’s price compare with similar properties?
Insight
Priced 10% below the local median - but still inside the typical range across Verulam.
Compared with 19 active listings across Verulam.
Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Brindhaven is a well-established, family-oriented residential suburb in Verulam that offers a peaceful living environment with convenient access to essential amenities and major transport routes.
