Multi‑Tenant Investment Opportunity – Westgate, Pietermaritzburg
An exceptional investment awaits the discerning buyer in the sought‑after suburb of Westgate. This property has been thoughtfully converted to accommodate nine bachelor units, each fitted with built‑in cupboards, generating a combined monthly rental income of approximately R19,000.
The main house offers four well‑proportioned single rooms, a fully fitted kitchen with stove, and a spacious common lounge area. Residents benefit from separate bathroom and toilet facilities, while the entire home is finished with durable, low‑maintenance tiling throughout. Electricity is prepaid for easy budgeting
Adding further value, the outside building comprises five single rooms, all of decent size and fully tiled with built‑in cupboards. One of these rooms is fitted with its own ensuite bathroom, while the remainder share a separate bathroom and toilet.
Parking is well catered for, with a single lock‑up garage and shade parking for up to four vehicles, all securely positioned behind a newly built perimeter wall with dual entrances.
This versatile property presents a rare chance to secure a high‑yield, multi‑tenant investment in Pietermaritzburg, ideal for buyers seeking consistent rental returns and long‑term growth potential.
Features
Rooms
Amenities
Single
Secure Parking, Shade Net
Bedroom
Kitchen
Lounge
Garden
Security
Parking
Outbuilding
Communal Kitchen, Communal Bathroom
Communal Kitchen, Communal Bathroom
Communal Kitchen, Communal Bathroom
Communal Kitchen, Communal Bathroom
Communal Kitchen, Communal Bathroom
Bathroom
Amenities
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Northpoint Realty website is accurate and up to date, Northpoint 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.