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.

Show more Show less

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

Show more Show less

Map & Nearby

Exact location is provided after a viewing has been arranged with the listing agent.

Price Trends · Merrivale, Howick beta

Select filters to see average property values

Studio
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed

R1,183,292 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 3 bedroom property in Merrivale on ImmoAfrica.net is R 1,183,292

R899 immo · index

The current average sales price per square meter for a 3 bedroom property in Merrivale on ImmoAfrica.net is R 899

R1,144,600 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 2 bedroom property in Merrivale on ImmoAfrica.net is R 1,144,600

R698 immo · index

The current average sales price per square meter for a 2 bedroom property in Merrivale on ImmoAfrica.net is R 698

R1,534,000 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 5 bedroom property in Merrivale on ImmoAfrica.net is R 1,534,000

R1,016 immo · index

The current average sales price per square meter for a 5 bedroom property in Merrivale on ImmoAfrica.net is R 1,016

R1,360,000 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 4 bedroom property in Merrivale on ImmoAfrica.net is R 1,360,000

R514 immo · index

The current average sales price per square meter for a 4 bedroom property in Merrivale on ImmoAfrica.net is R 514

immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.