R550,000
R550,000
Monthly Bond Repayment R5,770.91
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,091.5
Unlock Investment Potential in Springfield – Ideal Property for Development and Steady Rental Incom
Unlock the potential of this exceptional property in Springfield—an ideal investment opportunity for developers and investors alike. Situated in a highly sought-after location, it’s perfectly positioned to attract tenants and capitalize on strong rental demand.
Main House Features:3 spacious bedrooms, all fitted with built-in cupboards.2 bathrooms, including one that is exceptionally large and can easily be converted into a 4th bedroom.Fully fitted kitchen featuring built-in cupboards, a center island, and a stove.Separate dining room and lounge for added living space and comfort.Amassive yardwith967 m²of land, offering plenty of potential for future development or outdoor living enhancements.
Income-Generating Granny FlatAn additional 3-room flatlet, currently tenanted, generating steady rental income.
Prime Location:Close to Durban City Centre and the Springfield Industrial area, making it an ideal choice for tenants.Conveniently located near schools, shopping centers, and medical facilities, with easy access to major transport routes.
We’re Open for Offers!
This property is competitively priced, but we welcome negotiations and encourage buyers to bring forward their best offers. Whether you're looking to invest, develop, or own a property with significant income potential, this is the perfect opportunity.
Features
Interior
Sizes
Extras
Near Fitness centre • Near Highway • Playground • Needs Redevelopment • Near Shops • Open • Built In Appliances • Built in Wardrobes • Near to wood • Modern • Near University/Campus • Furnished • Staff Accommodation • Forest View • Near Park • Kitchen - Extra • Brick • City Center • Near Schools • Near Public Transportation • Near Hospital • Near Medical Center • Satellite
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty 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.