13 Bedroom house for sale in Palmiet, Durban
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13
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Web Ref: 1330405
Property Features
Interior Features
Exterior Features
REDUCED......REDUCED .....PRIME STUDENT ACCOMODATION
Rawson Umhlanga offers, Well Appointed , large 3 Bed primary residence, with 3 x 2 bed flatlets and 4 single bed units,
situated in Spencer Road, Clare Estate.
This exceptional investment opportunity, particularly for student accommodation providers, currently generates approx
R25000 per month from private, lease hold tenancy. Each of the flatlets are fitted with baths/showers and toilets
The Primary Residence offers a huge lounge/dining room, the 3 generously proportioned bedrooms, all fully fitted cupboards and student workstations in 2 of them, The kitchen is massive with a laundry room and a storeroom
The 2 car garage is automated , and opens onto a porch/laundry area. Open parking for a further 6 to 8 cars, within the fully fenced property
Prepaid meters in all units
This property is a high-yield investment powerhouse, specifically designed to maximize rental income in the student housing or co -living market. With a diverse mix of units, it offers a perfect balance of communal living and private quarters
Call Ravina for an Exclusive viewing
Contact the agent
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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*based on purchase price at Prime over 20 years
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