Save
Notify Similar
R4,850,000

3 bedroom house for sale in Athlone

3 Beds
3 Baths
1,026m²
Pets Allowed
Multiple Dwelling Property With Approved Development Plans

An exceptional opportunity for savvy investors! Perfectly positioned on level land within a bustling mixed-use area, this income-generating property offers solid returns and excellent future growth potential.

Already producing steady rental income, the property also comes with approved plans for six additional units, making it a lucrative option for expansion or redevelopment.

The property currently comprises two well-maintained buildings and two flatlets, each with prepaid meters for easy management and separate tenants in place. The spacious courtyard provides ample parking for all occupants.

Main House

  • Divided into two self-contained sections, each with its own entrance and prepaid meter.
  • Section A: 3 bedrooms, 1 bathroom, open-plan lounge and dining area, and a spacious fitted kitchen.
  • Section B: 2 bedrooms, lounge, dining area, and fitted kitchen.

Flatlets

  • Flatlet A: Stylish studio apartment with 1 bedroom, bathroom, modern fitted kitchen with granite tops, and secure parking.
  • Flatlet B: 2 fitted bedrooms, 1 bathroom, lounge, fitted kitchen, and single parking bay.

With its strategic central location, approved development potential, and reliable rental income, this property is an investor’s dream.

A must-see opportunity for those seeking strong returns and long-term value!

Property Type
House
Bedrooms
3
Bathrooms
3
Stand Size
1,026m²
Living Area
1
Covered Parking
5
Staff Rooms
Yes
Pets Allowed
Yes
Reference
RL54608
Property history
Listed for sale at R4,850,000
13 Nov 2025
Get to know Durban North
Durban North is a popular and well-established suburb known for its prime coastal location, beautiful beaches, and a mix of residential and commercial properties.
By clicking on "contact" you agree to our privacy policy
Contact Agent
MP home loans expert Michael-Anne
Get expert home loan assistance with Michael-Anne
Ask me a question
What will my building insurance cost?
Get an instant building insurance quote for this 3 bedroom property in Athlone
Get my price
Cover powered by
Authorised FSP
What will my move cost?
Calculate your moving costs to Athlone with the help of our moving partners.
Get quotes
Moving powered by
Property questions?
Get quick answers about buying, selling, renting, and more from our AI powered real estate bot