4 Bedroom house for sale in Durban North

4 Bedroom Home with 3 income generating cottages

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

The property presents various opportunities for interested buyers

It is a potential money spinner as it has operated as a successful B+B (with licenses still available); also perfect for an extended family to reside on the property as there are two flatlets.

The purchaser has the opportunity of purchasing this property as an investment 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. The property has commercial zoning rights in place specifically for licensing of a guesthouse which makes this a great investment opportunity.

Rawson Auctions (Southern Region) is obligated by law to market the property at the Reserve Price. 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.

Reserve Price: R4 200 000.00 (All offers will be reviewed from the reserve price upward)

Going on Auction: Wednesday 24 Aug 2022