POA

6 Bedroom Freestanding For Sale in Upper Ferncliffe
6
Bedrooms
4
Bathrooms
4
Parkings
Ref. RLS983808
Land 2733.00m²
Anita Kaumpek
Anita Kaumpek Candidate Property Practitioner Seeff Pietermaritzburg
Debbie Handman
Debbie Handman Candidate Property Practitioner Seeff Pietermaritzburg PPRA Registered | FFC 20237142554
Monthly Rates R4,819
Total R4,819

Prime Investment Opportunity: Versatile 6-Bedroom Property with High Income Potential

Web Ref. RLS983808
Discover an exceptional investment opportunity in a highly sought-after area, perfectly configured for robust rental income as nurses' accommodation, young professionals' housing, a thriving BnB, or even for comfortable multiple family living. This expansive property offers an incredibly flexible layout, setting the stage for diverse income streams or adaptable living arrangements.

Currently featuring 6 generously sized bedrooms, this home boasts the unique advantage of two fully equipped kitchens and two separate lounges, complemented by a dedicated dining room. This dual-living setup is ideal for independent living units, allowing for shared common areas while maintaining privacy, making it perfect for various occupancy models, including multi-tenant or accommodating extended families.

The untapped potential extends further with a double garage, ripe for conversion into an additional two income-generating rooms. This easy expansion significantly boosts the property's earning capacity.

Strategically located in a desirable neighbourhood, this property benefits from its proximity to key amenities, healthcare facilities, and business hubs, making it an attractive option for nurses and young professionals seeking convenient, comfortable living. Its prime position also offers excellent prospects for a bed and breakfast venture, attracting tourists and visitors to the area.

Features

Interior
6 Bedrooms
4 Bathrooms
2 Kitchens
2 Lounges
1 Dining Room
Exterior
2 Garages
2 Parkings (Carport)
Sustainability
Backup Battery/Inverter
Sizes
Land Size 2,733 m²

Upper Ferncliffe, Pietermaritzburg

Pietermaritzburg, which is situated within the Msunduzi Municipal boundary, is the capital and second-largest city of the KwaZulu-Natal province. Pietermaritzburg is called Maritzburg by the locals and is often abbreviated to PMB. The area is centrally located between Durban and the Drakensberg and is famous for hosting sports events such as the Comrades or Dusi Marathon. Pietermaritzburg is a family-orientated area boasting some of the top schools in the province and is home to a variety of property types including freestanding homes, sectional title units and apartments. A brief history of the area Pietermaritzburg was founded in 1838 and named after two leaders of the Voortrekkers Pieter Retief and Gerrit Maritz. The village...
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Finance

Monthly Repayment
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