Excellent Investment Opportunity – Income-Generating Property
A fantastic opportunity for savvy investors! This versatile property offers three separate buildings on one plot, providing both immediate rental income and long-term growth potential. The spacious main house features three well-sized bedrooms, two lounges, a modern open-plan kitchen, and two beautifully renovated bathrooms, making it ideal for comfortable family living. In addition, there are two outbuildings that, although in need of some TLC, currently generate an income of R12,000 per month, allowing you to subsidize your bond while enjoying the benefits of property ownership. Situated in a sought-after location near Makro, the Value Centre, Springfield Business Park, and major freeways, this property offers both convenience and accessibility. With easy access to the N2 and surrounding routes, it’s perfectly positioned for families, tenants, or businesses alike. Whether you’re looking to live in the main home and let the additional units cover expenses, or redevelop the site into something bigger, this is a fabulous investment opportunity not to be missed. Make an offer today!
About the Area
Springfield, KZN, is a vibrant commercial and residential hub just a short distance from Durban’s CBD. Known for its prime location and seamless connectivity, the area provides quick access to the N2 and M19, making it an excellent base for both businesses and families. Springfield is home to major retail landmarks such as Makro and the Springfield Value Centre, as well as a wide variety of wholesalers, lifestyle outlets, and service-based businesses. This consistent activity creates high demand for both residential rentals and commercial opportunities. For investors, Springfield offers the perfect blend of stability, accessibility, and growth, while residents enjoy the convenience of nearby shopping, schools, and transport links. With its strong rental market and strategic position within Durban’s trade and lifestyle corridor, Springfield continues to be one of the most sought-after investment locations in the region.
Contact Maggie today for more details.