R1,550,000
R1,550,000
Monthly Bond Repayment R16,263.47
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Monthly Rates
R1,113
R1,113
4 Bedroom House Available for Sale at R1 550 000.00
Dormehl Phalane Property Group Apex introduces an exceptional opportunity to own a stunning 4-bedroom home in the sought-after Reservoir Hills on a sole mandate, where modern living meets investment potential! Priced attractively at R 1,550,000, this beautiful 1162 square metres property is just six minutes away from UKZN University, making it the perfect choice for those looking to invest in student accommodation.
Step into a spacious living environment that boasts a large kitchen equipped with elegant granite countertops, ideal for both everyday meals and large gatherings. The home features four neat and roomy bedrooms, three of which come with built-in cupboards, while one offers a private ensuite. Each room is designed to accommodate multiple students, ensuring you maximize your rental income. Security is a priority, with a comprehensive security system in place, along with the comfort of fully air-conditioned spaces.
Energy efficiency takes center stage with a solar geyser and a solar inverter with a robust 5.5 kW battery backup, providing peace of mind and cost savings. The generous land size not only provides ample outdoor space but also presents the opportunity to construct additional rental units, further enhancing your investment potential. This property is more than just a home; it’s a canvas for the visionary buyer looking to capitalize on a lucrative market.
Don’t miss your chance to secure this remarkable piece of real estate that can generate significant returns for years to come!
Features
Interior
Bedrooms
4
Bathrooms
2.5
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Sizes
Floor Size
1,162m²
Land Size
1,162m²
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.
