New Listing

4 Bedroom house for auction in Durban North

R4,200,000
  1. 4
  2. 3.5
  3. 3
  4. Web Ref: 1165148
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Property Features

ERF Size 1,240 m²
Rates R8,573

Interior Features

4 Bedrooms
1 Reception Room
1 Lounge
1 Store Room
3.5 Bathrooms
1 Dining Room
1 Study
2 Flatlets

Exterior Features

3 Garages
2 Carports

Four-bedroom home with 3 cottages that bringing in income of R41 000.

Going on Auction: Wednesday 24 Aug 2022
Reserve Price: R4 200 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

BEAUTIFUL FOUR-BEDROOM FAMILY HOME WITH POOL, MANICURED GARDENS AND TWO INCOME GENERATING FLATLETS –SOLD AS GOING CONCERN AND ZERO RATED IF BUYER IS REGISTERED FOR VAT.
Beautiful four-bedroom home with three cottages. The third cottage is used as a storeroom collectively bringing in income of R41 000.00.
The purchaser has various opportunities with this purchase.
This is a potential money spinner as it has operated as a successful B+B (with licenses still available). It is also perfect for extended family to reside on the property as the two flatlets allow for that. The purchaser also has the opportunity of purchasing this property as an investment opportunity, as the collective rental income is R41 000.00. This four- bedroom home has a seamless stylish flow and has two road entrances. One main en-suite, two full bathrooms & one guest toilet. Spacious open plan fully fitted kitchen that leads to the open plan living areas. Two lovely cottages and an office. Property has commercial zoning rights in place specifically for licensing of a guesthouse which makes this a great investment opportunity.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.

Location

Contact the agent

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.

Related Properties

4 Bedroom house for auction in Durban North

Going on Auction: Wednesday 24 Aug 2022 Reserve Price: R4 200 000.00 (All offers will be reviewed) Non-refunda…