Pinelands - MR711441

House in Pinelands, Durban - North, Kwa-Zulu Natal

R 2,950,000

... Numbers not adding up?

10
7
3480m2
Pinelands - MR711441
House in Pinelands, Durban - North, Kwa-Zulu Natal
R 2,950,000
10 Bedroom House for Sale For Sale in Pinelands - MR711441
1
×

New Listing

1
 of property in Pinelands
2
 of property in Pinelands
3
 of property in Pinelands
4
 of property in Pinelands
5
 of property in Pinelands
6
 of property in Pinelands
7
 of property in Pinelands
8
 of property in Pinelands
9
 of property in Pinelands
10
 of property in Pinelands

There are more photos available of this property, click here to request the agent to release them.
MyRoof has more photos of this property - click here to request the agent to release them

Key Features

Rooms

  • 10 Bedrooms
  • 7 Bathrooms

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Erf Size - 3480m2
  • Price per square erf meter - R848 per m2

MyRoof Stats

  • 1 Views
PID=711441 DID=735468 SID=1

This multi-unit income-generating property is perfectly positioned just 2 minutes from Pinetown Central, offering easy access to schools, transport routes, and amenities.

Set on a generous 3,480m² of land, this property offers 7 rentable units, making it ideal for:

Rental income investors
Student accommodation providers
Multi-let portfolio buyers

* One unit already has NSFAS approval (January 2025), opening doors to the student accommodation market.

Property Breakdown
Main 3 Bedroom Unit
3 Bedrooms (2 with built-in cupboards)
Kitchen with built-ins
Lounge
Bathroom + separate toilet
Private backyard & own washing line
2 Parking bays
Rental Income: R7,500/month

2 Bedroom Unit
2 Bedrooms (1 with built-ins)
Kitchen with built-ins
Lounge
Bathroom (toilet & shower)
Own washing line
1 Parking bay
Rental Income: R6,100/month

Log Cabin Unit
Open-plan bedroom/lounge/kitchen
Bathroom (toilet & shower)
Veranda
1 Parking bay
Rental Income: R4,000/month

4 x Studio Apartments
Open-plan living spaces
Kitchen built-in cupboards
En-suite bathrooms (toilet & shower)
1 Parking each
Shared washing line area
Rental Income: R3,000 – R3,800 per unit

Prepaid electricity to be installed as per leases

Estimated Monthly Income
Approx: R29,600 – R31,800 per month

Additional Features
Large stand – future expansion potential
Located near schools and main routes
Adjacent to a municipal property with 24/7 security presence
High rental demand area

Important Notes
Zoned Special Residential 1
Property requires TLC and upgrades
Ideal for buyers looking to add value and increase returns

Why This Property?
? Strong income potential
? Multiple rental streams
? Student accommodation opportunity
? Value-add investment
? Prime location close to town and [hidden] to UKZN Edgewood campus

Neighbouring Areas

Alexander Park , Ashley , Berkshire Downs , Cliffdale , Cowies Hill , Cowies Hill Park , Dassenhoek , Drummond , Farningham Ridge , Fields Hills , Hatton Estate , Kwandengezi , Mahogany Ridge , Manors , Maxmead , Motala Heights , Motalabad , Mountain Ridge , Nagina , New Germany , Padfield Park , Phumphele , Pinelands , Pineside , Pinetown , Regency Park , Reservoir Hills KZN , Sarnia , Surprise Farm , The Wolds , Westmead , Wyebank

Areas in this Region

Albany , Albinia , Alverstone , Assagay , Atholl Heights , Avoca , Avoca Hills , Belvedere Ext 1 , Berea West , Bothas Hill , Brettenwood Coastal Estate , Briardene , Brindhaven , Brookdale , Canelands , Caneside , Castlehill , Centenery Park , Chelmsfordville , Chiltern Hills , Clare Hills , Clayfield , Clermont , Clifton Park , Corovoca Township , Cotswold Downs Golf & Country Estate , Crestholme , Crestview , Dalefarm , Dawncrest , Dolphin Coast , Duffs Road , Earlsfield , Eastbury , Effingham Heights , Everest Heights , Everton , Everton HC , Flamingo Heights , Forest Haven , Forest Hill , Forest Land , Gillitts , Grayleigh , Greenbury , Greenwood Park , Grove End , Hillcrest - KZN , Hilldene , Hillgrove , Hilltop Gardens , Hippo Road , Inanda A - KZN , Inanda Glebe , Kenville , Kloof , KwaDabeka , KwaMashu , Langefontein , Lenham , Longcroft , Lotusville , Mawothi , Mount Edgecombe , Mount Moriah , Mountview , Mpumalanga - KZN , New Dawn Park , Newlands East , Newlands West , Newtown - KZN , Northcroft , Ntuzuma , Oaklands - DBN , Ottawa , Palmiet , Palmview , Parkhill , Parlock , Peacevale , Phezulu , Phoenix , Phoenix Industrial , Phola Mission , Plantations , Rainham , Recreation , Redcliffe , Redfern , Reservior Hills , Riet River , Riverhorse Valley , Riverview Park , Rockford , Ronaldskloof Ext , Rydalvale , Sea Cow Lake , Shastri Park , Sheffield Beach , Sheffield Manor , Sherwood , Southgate - DBN , Southridge , St Helier , Stanmore , Starwood , Stockville , Stonebridge , Summerveld , Sunford , Temple Valley , Trenance Manor , Trenance Park , Umkomazi , University Durban Westville , Valdin Heights , Verulam , Waterfall , Waterloo , West Riding - DBN , Westham , Westville , Whetstone , Winston Park , Woodside , Woodview


What's Next?


Contact Details

Contact the seller directly. Access the seller's e-mail address and phone number.


Save

Save this property to your favourites for later review.


Notify

We will e-mail you when another property of this kind becomes available in Pinelands.


Share

Share this property via e-mail or Facebook.


Compare

Compare this property to other properties.


Boost

Boost this property on search results.

Compare x Properties ×