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
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