3 Bedroom Property for Sale in Lovu R 595 000. 28 Jul 2025

Property features

R 595 000
3 Bedrooms
3.0 Bathrooms
1 Living Room/s
Garage for 0 car/s
Outside Parking for 2 car/s
Rates R700 pm
Pet Friendly

Property Details

**Unlock Potential in Lovu B with This Fixer-Upper Featuring a Lucrative Rental Opportunity!** Welcome to a promising investment nestled in the vibrant suburb of Lovu B, located in the ever-growing coastal region just south of Durban. _3 Beds | Lounge | Kitchen (not fitted) | 3 x Bathrooms | plus 3 x Rental Rooms_ This home boasts 3 bedrooms and 3 bathrooms, with the main bedroom featuring a shower en-suite. While the interiors present a need for modernization, including the kitchen that holds nothing but a sink, this allows for a personalized refurbishment to suit your style. The generous-sized lounge serves as a canvas to craft your ideal living space. Offering immense potential, the property includes three well-sized rental rooms each with ensuite situated outside, currently generating a rental income of R1,500 each. That's an impressive R4,500 total income monthly, aiding significantly towards bond repayments—up to 70% of the bond! The home is securely fenced with a lockable gate, ensuring peace of mind for your investment. Its prime location near a public transport route provides convenience and connectivity, enhancing the allure for potential tenants or future residents. Lovu B offers a unique mix of community warmth and access to urban facilities, making it an attractive suburb for families and investors alike. The surrounding area thrives with local amenities, schools, and shopping outlets—all just a stone's throw from the scenic beauty of the South Coast beaches. This is more than just a home; it’s an avenue for transformation and income generation. Don’t miss the chance to develop this property into a sought-after haven or a profitable rental asset.