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10 Bedroom House For Sale in Reservoir Hills, Durban

Reference LH-135476

R1,850,000

10

3

7

675

Under offer
Monthly repayment: R15,187
R
R
%
Prime lending rate 7.75%
Monthly repayments
R15,187pm
Required gross income: R50,625pm
Prequalify for an exact amount

Call us at 010 590 3088

If you are looking for a great investment buy, then don't look further then this four bedroom, two bathroom home with five incoming generating flatlets. This house has been used as a students accommodation, as it is situated close to KZN Varsity, and is on Varsity Drive and it full capacity it generates an income in excess of R 30 000-00 a month, making this a great investment buy. This offers a great return as based on the prime lending rate your bond repayments would be around R 13 000-00 a month, generating a profit in excess of R 17 000-00 a month. This large property could also be used as a Bed & Breakfast, or you can stay in the main house and have your full bond paid monthly by the income from the flatlets. The opportunities for this property are endless. Don't delay and book a private viewing today, as at this price it won't last long on the market.

Garden

Flat / Cottage

Exterior

Property Type:

House

Ownership Type:

Freehold

Number of Floors:

2

Last Sale Date:

02 May 2010

Land Size:

675sqm

Interior

Bedrooms:

10

Bathrooms:

7

Living Areas:

7

Parking Bays:

3

Financial

Rates & Taxes:

R1,479

Communal

Security

Call us at 010 590 3088

Suburb: Reservoir Hills

Contact agent for street address

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