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Northdene - Potential Monthly Income of R35500
R 1,849,000
Can I afford this?
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29 days ago151 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):4+
Size (sqm):1366
Parking:Garage
Description
INVESTORS !!!!!!!!!!! ITS A NO BRAINER
AWESOME MONEY MAKER
POTENTIAL MONTHLY INCOME OF R35 500
Multi-Income Powerhouse in Sanctuary Place for R1 849 000
This isn’t just a home — it’s a financial freedom engine. With five income-generating units and a total potential monthly return of R35,500, this property could cover your bond and still leave you with R17,000+ in passive income. Whether you're housing extended family, running a business, or building a portfolio, this 1,366m² property delivers unmatched versatility.
Unit 1 — Workshop & Double Garage (To Be Converted)
Ready for transformation into a spacious 2-bedroom flatlet. Potential Monthly Income: R8,000
Unit 2 — Existing 1-Bedroom Flatlet
Private entrance, full kitchen, lounge, and en-suite shower bathroom. Currently Let at: R5,000/month
Unit 3 — Original Heart of the Home
Elegant 2-bedroom, 2-bathroom setup with a gorgeous kitchen, lounge, and dining room. Potential Monthly Income: R9,500
Unit 4 — Poolside Retreat
Stylish 2-bedroom unit with en-suite shower, lounge, dining room, and verandah overlooking the pool. Potential Monthly Income: R8,000
Unit 5 — Workshop (To Be Converted)
Perfect for a cozy 1-bedroom unit with en-suite shower and lounge. Potential Monthly Income: R5,000
Total Potential Monthly Income: R35,500
Estimated Bond Repayment: R18,500/month Potential Monthly Profit: R17,000+
Lifestyle & Location Highlights
Sparkling Pool | Pet-Friendly | Secure
Parking for 8+ Vehicles | 2 Garages | 2 Workshops
Prime Pinetown/Queensburgh Border — near top schools, shops, and M7/M13 routes
Monthly Rates: R2,250
This is your chance to own a property that pays for itself — and then some.
Leon : The Pinetown Property Specialist
083 506 8938
www.pinetownproperties.co.za
www.leonloggenberg.co.za
Id Subtitle 1341155653
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Estimated monthly repaymentR 18,772
Total property loan amountR 1,849,000
Total interestR 2,656,181
Total repaymentR 4,505,181
Interest rate at 10.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Leon Loggenberg
Selling for 2+ years
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