10 Bedroom House For Sale in Reservoir Hills, Durban
Reference LH-135476
R1,850,000
10
3
7
675
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
