Bombay Heights
R599,999 Web Ref 1346140
PROPERTY FEATURES
2 Bedrooms | 1 Bathroom | 1 Lounge | 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.

ERF Size 300 m²
Rates R650 per month
Shermlyn Reddy shermlyn.reddy@rawson.co.za
Shermlyn Reddy
c. 0750816868