Merrivale · House For Sale
40 Bedroom House For Sale in Merrivale
- R 8,500,000
- 40 bd
- 20 ba
- 1842 m²
This property has 20 beautiful and spacious 2 bedroom,1 bathroom individual units. Each unit is currently rented out for R6000 per month excluding water and electricity. 17 units are currently rented out. Potential R120000 monthly income.
Extremely close to Merrivale Spar and Sasol garage leaves this property to be very sought after. Facebrick adds to this apartment block's physical appeal. Covered carport throughout the premises for tenants' use. Property is secure all around and has 2 palisade gate entrances.This is a once in a lifetime investment opportunity. Your monthly income will surpass your bond/investment repayments. Do not hesitate to call to view this fantastic flat for sale.
Call me if you are looking to buy or sell your property anywhere in the Midlands.
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Merrivale, Howick
- Price
- R 8,500,000 · Get Pre-Qualified
- Price per m²
- R 4,615
- Floor Size
- 1250 m²
- Erf Size
- 1842 m²
- Bedrooms
- 40
- Bathrooms
- 20
- Residential Zoning
- Yes
Map & Nearby
Price Trends · Merrivale, Howick beta
Select filters to see average property values
The current average sales price for a 2 bedroom property in Merrivale on ImmoAfrica.net is R 1,145,500
The current average sales price for a 3 bedroom property in Merrivale on ImmoAfrica.net is R 1,220,000
The current average sales price for a 5 bedroom property in Merrivale on ImmoAfrica.net is R 1,534,000
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Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | ||
2 Bed | R 1,145,500 | |
3 Bed | R 1,220,000 | |
4 Bed | ||
5 Bed | R 1,534,000 |
Bedrooms | Buy | Rent |
---|---|---|
Studio | ||
1 Bed | ||
2 Bed | R 729 | |
3 Bed | R 912 | |
4 Bed | ||
5 Bed | R 1,016 |