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R 2 950 000
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8 Bedroom Simplex in Pelham

8 2 4 206 m²

INVESTMENT OPPORTUNITY | FULLY OCCUPIED 8-BEDROOM HOUSE IN PELHAM

Looking for a property that generates income from day one This 8-bedroom house in the sought-after suburb of Pelham, Pietermaritzburg, presents an excellent opportunity for investors seeking established rental income.

Currently operating as shared accommodation, the property is fully occupied and generates over R30,000 in monthly rental income, making it an attractive option for investors looking to expand their property portfolio.

The property offers:

8 bedrooms providing accommodation for multiple tenants.

2 bathrooms.

4 parking spaces.

Fully furnished and currently operating as shared accommodation.

Fully occupied, with an established rental income stream.

Situated in a safe and desirable area of Pelham.

Conveniently located close to the new Astron Energy garage and public transport routes.

Easy access to amenities and key areas in the heart of Pietermaritzburg.

AN INVESTMENT THAT WORKS FOR YOU

With its established shared accommodation setup, existing tenants and monthly rental income exceeding R30,000, this property offers investors an opportunity to acquire an income-generating asset in a well-positioned area.

Whether you are an experienced investor or looking to enter the student and shared accommodation market, this property deserves your attention.

Secure your next investment in Pelham today!

Contact Lungani Mchunu at Seeff Properties Midlands to arrange a viewing and explore this exciting investment opportunity.

Property details

  • Listing number T5676916
  • Property type Simplex
  • Listing date 2 Nov 2026
  • Floor size 206 m²
  • Rates and taxes R 1 468
  • Levies R 2 405

Property features

  • Bedrooms 8
  • Bathrooms 2
  • Lounges 1
  • Dining areas 1
  • Open parking 4
  • Flatlets
  • Pool
  • Study
  • Garden

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