FANTASTIC RENTAL INVESTMENT, STUDENT ACCOMMODATION, AIR B&B OR A FAMILY HOME !
2 homes on one property with loads of potential (to suit your family wants and needs) and to run a variety of businesses. One consisting of 5 bedrooms, 2 bathroom, a spacious lounge and dining area with a fully equipped kitchen. The other consisting of 4 bedrooms, 2 bathrooms, a lounge and dining and a fully equipped kitchen. Rent each home out separately, live in one and rent the other, create an Air B&B or best of all… a student res accommodating 18 students at the going rate of R3 500 each pm. Bringing in a WHOPPING INCOME OF R63 000 pm !!! With a bond repayment of only R17 000 pm, you’re able to cover your bond and expenses and still generate a very attractive income. Need I say more…
Situated in a safe residential neighborhood just 3km from Varsity College and 5 km from our infamous Durban Beaches, with a swimming pool as a bonus.
THIS PROPERTY IS A GOLD MINE !
Features
9
4
Interior
Bedrooms
9
Bathrooms
4
Kitchens
2
Reception Rooms
3
Furnished
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Land Size
1,034m²
Extras
All furniture to be sold. Contact Cathrin or Megan for list.
Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
