Dual-Income Property with Endless Potential in Raisethorpe!
Raisethorpe offers a rare chance to live in a spacious 4-bedroom home while earning passive income from two selfcontained
rental units!
Main House Highlights:
4 generously sized bedrooms, all with built-in cupboards and cooling air-conditioning
Full family bathroom with separate toilet for added convenience
Spacious lounge and dining area—perfect for family gatherings or entertaining
Neatly fitted kitchen with ample storage and prep space
Dedicated home office/study space ideal for remote work or business use
Income-Generating Flatlets:
Two separate outbuildings currently tenanted, generating R6000/month
Easily scalable to R14000/month with full occupancy
Each unit includes its own living space, kitchen, and bathroom—perfect for extended family, Airbnb, or long-term tenants
Outdoors & Security:
Large, level 669m² erf with room to expand or develop further
Neatly maintained garden and paved areas
Secure perimeter with fencing, alarm system, security gates, and burglar bars
Single garage plus ample secure parking for guests or tenants
Location Perks:
Centrally located in Raisethorpe, Pietermaritzburg—minutes from schools, public transport routes, shops, and medical
facilities
Prime area for both families and tenants, with high rental demand and solid growth potential
Investment Snapshot:
Live in the main house and let the flatlets pay your bond
Ideal setup for multi-generational living or running a home-based business
A perfect choice for savvy buyers seeking long-term capital growth and rental income
Contact us today to arrange a private viewing, properties with this kind of dual-purpose appeal don't last long!
Features
Finance
R0,00
R0,00
Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.