R3,395,000
R3,395,000
Monthly Bond Repayment R35,042.80
Calculated over 20 years at 11% with no deposit.
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R2,500
INVESTORS DREAM! OPPORTUNITY KNOCKS ....
An amazing opportunity knocks for someone to make this house a money-spinner. This house offers huge rental potential with 4 cottages and 10 units, offering 6 garages.
Ideal for student accommodation, extended families or work from home.
With a total of 3 928 sqm, this is an opportunity not to be missed.
House 1 :-
3 bedrooms, 1 bathroom with bath/toilet/bidet and wash basin, prayer room, sunken lounge/dining room area (open plan), kitchen with cupboards, scullery with cupboards, passage with linen cupboard.
1 separate toilet / 1 separate shower.
Built-in cupboards in all rooms, veranda front and back.
House 2 (Unit 1) :-
1 large bedroom with built-in cupboards, en-suite, lounge, kitchen with cupboards and veranda.
House 2 (Unit 2) :-
1 bedroom with en-suite, built-in cupboards, lounge/dining room and kitchen, built-in cupboards and open plan.
House 2 (Unit 3) :-
2 bedrooms with built-in cupboards, lounge, kitchen with cupboards, toilet/shower and wash basin.
House 2 (Unit 4 - Owners quarters) :-
2 bedrooms with built-in cupboards, 1 with en-suite bathroom, 2 lounges, dining room, kitchen with cupboards, loft upstairs, guest toilet with shower & wash basin and veranda.
House 3 (A) :-
2 bedrooms, 1 with built-in cupboards, lounge, kitchen with cupboards, pantry, toilet/shower/wash basin - all separate.
House 3 (B) :-
2 bedrooms with built-in cupboards, lounge, kitchen with cupboards, pantry, toilet, shower, wash basin - all separate.
5 garages below, 1 occupied for window manufacturer.
House 4 (Unit 1) :-
1 bedroom with built-in cupboards, lounge/dining room, open plan, toilet/shower/wash basin and veranda.
House 4 (Unit 2 - upstairs) :-
1.5 bedrooms with built-in cupboards, en-suite, lounge/dining room (open plan) and kitchen with cupboards.
House 4 (Unit 3) :-
1 bedroom with built-in cupboards with en-suite, lounge/dining room (open plan), kitchen with cupboards and veranda.
All units have burglar guards and gates, all floors tiled, separate meters for lights and water for each unit.
Electricity supply :- 1 x 3 phase meter / 1 x single phase meter. Water supply:- 3 meters.
No. 1 garage below building No. 3 has 3 phase.
Additional :-
7 Litchi trees / 10 pear trees / mango tree / rose apple / guava / PawPaws, grapefruit / lemon / lime / Moringa / banana's and shrubs.
2 Jojo tanks (water pumped into tanks via borehole).
Potential rental income of R45 000 p.m.
Features
Interior
Exterior
Sizes
Reservoir Hills, Durban
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