Monthly Bond Repayment R7,614.22
Calculated over 20 years at 10.75% with no deposit.
Web Ref No WRL83301
Income-Generating 3-Bedroom Property Near Umtentweni Beach.
This well-located property offers solid investment potential and is just a quick two-minute walk from Umtentweni’s main beach.
Positioned on the ocean side of the suburb, it’s a great opportunity for buyers looking to earn rental income or create a coastal retreat with some added value.
The home is currently divided into three separate living units and, while it does need a bit of TLC, everything is in working order making it easy to get started right away.
The main unit includes a spacious kitchen and a comfortable bedroom with an en-suite bathroom.
There’s also a separate garage near the entrance, perfect for secure parking or extra storage. Two additional bachelor flats each feature an open-plan bedroom and lounge area, plus private bathrooms with showers. Like the main unit, they could benefit from some upgrades but are already functional.
Whether you plan to live in one section and rent out the others or fully convert the property into a rental income generator, this is a fantastic opportunity in a sought-after coastal neighbourhood.