R1,849,000

R1,849,000

5 Bedroom House For Sale in Northdene
5
Bedrooms
4.5
Bathrooms
2
Garages
Sole Mandate
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POTENTIAL MONTHLY INCOME OF R35 500

Web Ref. DPR20289
Land size 1366.00 m²
Monthly Bond Repayment
R18,460.04
A Multi-Income Powerhouse

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

Features

Interior
5 Bedrooms
4.5 Bathrooms
3 Kitchens
3 Lounges
Exterior
2 Garages
8 Parkings
Pet Friendly
Pool
Security
Sizes
Land Size 1,366 m²
Listing Info
Date Listed 04-07-25
Time Listed 12:06

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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.