R1,795,000
R1,795,000
Monthly Bond Repayment R19,142.41
Calculated over 20 years at 11.5% with no deposit.
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Investment property in Reservoir hills R 1 795 000
Introducing an exceptional investment opportunity in the heart of Reservoir Hills: an impressive 11-bedroom house listed at R 1,795,000.
This income-generating property is strategically designed to maximize rental income, featuring a main house with 4 spacious bedrooms and private balconies, complemented by 3 two-bedroom units and a bachelor unit.
With a remarkable total rental income potential of R 25,000 per month, this fully tiled property comes equipped with built-in cupboards in every unit, ensuring comfortable and convenient living for tenants.
Accessibility and convenience are paramount, with two separate driveways and proximity to bus and taxi routes.
Each unit includes prepaid electricity and water, providing an efficient solution for both tenants and landlords.
This property is specifically tailored for investor buyers seeking a lucrative addition to their portfolio.
With negotiable pricing, don't miss the chance to secure this promising investment in a vibrant community.
Features
Interior
Bedrooms
11
Bathrooms
6
Kitchens
5
Reception Rooms
6
Exterior
Carports / Parkings
2
Flatlet
1
Domestic Accommodation
3
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.
