R1,595,000
R1,595,000
Monthly Bond Repayment R16,463.40
Calculated over 20 years at 11% with no deposit.
Change Assumptions
Monthly Rates
R1,113.3
R1,113.3
The Ideal Student Accommodation Investment
Nestled in the heart of Reservoir Hills, just a stone's throw away from the UKZN University, this enchanting home is a student accommodation dream come true. Priced at a competitive R 1595 000, this property is truly a gem waiting to be discovered.
Boasting 3 bedrooms in the main house and an additional bedroom in the outbuilding, this home offers ample space for students to comfortably reside. What sets this property apart is the expansive parking area and a massive double garage that presents a fantastic opportunity for additional rooms to be created for enhanced rental income. The convenience of the carport leading directly into the main house enhances the seamless flow of this charming abode.
Step inside the main house and be greeted by an open plan lounge and kitchen area adorned with a stunning tiled floor and elegant granite countertops. The main bedroom features an ensuite shower and toilet for added convenience, while another room is thoughtfully equipped with a separate toilet and sink area. Outside, a practical wash area with a clothing line awaits, and the delightful garden area offers a tranquil retreat with lovely views to enjoy.
Don't miss your chance to invest in this exquisite home that promises both comfort and potential for lucrative student accommodation. Embrace the allure of Reservoir Hills living and seize this opportunity before it's gone.
Features
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
2
Sizes
Floor Size
975m²
Land Size
975m²
Reservoir Hills, Durban
Durban
Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in the country, forming part of the eThekwini metropolitan municipality. Durban is famous as the busiest port in South Africa and is also a major centre of tourism because of the city's warm subtropical climate and extensive beaches. Voted as one of the top 10 family beach holiday cities in the...
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Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane 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.
