R879,000
Monthly Bond Repayment R8,923.86
Calculated over 20 years at 10.75% with no deposit.
Change Assumptions
R386.7
"Smart Buy in Umlazi F– Unique Home with Proven Rental Returns"
Looking for a smart investment in a high-demand area? This 2-bedroom home in the heart of Umlazi could be exactly what you’ve been waiting for. The house features two well-sized bedrooms, a lounge, a kitchen, and one bathroom — perfect for small families or young professionals. What makes this home stand out is the stylish moulded ceiling, often called the Nexus ceiling, giving the space a modern and unique character not often seen in the township.
Now here’s where it gets interesting — there’s a granny flat on the property that's already bringing in rental income. The current owner is earning R12,000 per month, making this an excellent opportunity for investors who want immediate returns. Whether you plan to rent out the main house, the granny flat, or both, there’s strong earning potential here. The location is another big plus.
The house is just off the main road, so public transport is easily accessible — there's a bus stop nearby, and taxis are always within reach. It's also conveniently close to amenities like a KFC, a petrol station, and two high schools, making it very attractive to tenants. This property is ideal for an investor who isn’t afraid to add a personal touch and unlock even more value. With its great location, existing rental income, and unique design features, this home offers both immediate returns and long-term growth potential.
Features
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Disclaimer: While every effort will be made to ensure that the information contained within the Ingwe Property Group website is accurate and up to date, Ingwe Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.