2 Bedroom house for sale in Bombay Heights, Pietermaritzburg

R599,999
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  3. Web Ref: 1346140
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Property Features

ERF Size 300 m²
Rates R650 per month

Interior Features

2 Bedrooms
1 Lounge
1 Bathroom
1 Store Room

Strategic Investment Opportunity

Position your portfolio in one of Pietermaritzburg’s consistently active residential nodes with this income-generating Full Title property situated in the heart of Bombay Heights. Designed for investors seeking both immediate cash flow and future capital appreciation, this asset presents an attractive entry point into a resilient rental market with strong underlying demand.

Currently operating as an income-producing property, this opportunity offers a seamless “turnkey” transition for the astute investor. With low monthly municipal rates currently below R650 and the potential to further enhance operational efficiency through the installation of prepaid utility systems, the property is strategically positioned to maximize long-term yield while simplifying tenant management.

Set on a manageable 300m² extent, the property strikes the ideal balance between affordability, maintainability, and income potential — making it particularly attractive for first-time investors, portfolio builders, or buyers seeking dependable rental performance in a high-density residential market.

Investment Highlights
Full Title ownership
Income-generating asset with immediate earning potential
Located within a high-demand rental node
Low municipal overheads
Excellent value-add potential through prepaid meter conversion
Competitive market positioning at R599,000
Strong equity upside compared to recent area sales trends
Suitable for long-term hold or yield-focused investment strategy
Strategic Location Advantages

57 Pastoral Road benefits from excellent proximity to essential amenities and community infrastructure, supporting stable tenant demand and long-term occupancy retention.

The surrounding suburb continues to show positive market resilience, with recorded growth momentum during Q1 2026, reinforcing investor confidence in the area’s long-term potential.

Market Positioning & Investment Confidence

With area sales averages remaining highly competitive and upper valuation indicators reaching approximately R740,000, this property enters the market strategically priced for both accessibility and future upside potential. The asking price aligns well with current market activity while still allowing room for capital appreciation and rental optimization.

This is an ideal opportunity for investors seeking:

Consistent rental demand
Affordable acquisition costs
Scalable investment potential
Strong location fundamentals
Long-term asset growth

Secure your position in this high-demand investment corridor today.

Location

Contact the agent

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Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

489 Town Bush Road, Montrose

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