Reduced

13 Bedroom house for sale in Palmiet, Durban

R2,200,000
  1. 13
  2. 10
  3. Web Ref: 1330405
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Property Features

ERF Size 900 m²
Rates R1,150 per month
Building Size 348m²

Interior Features

13 Bedrooms
3 Dining Rooms
3 Flatlets
Kitchen
Entrance hall
Aircon
10 Bathrooms
5 Lounges
Security
Granny flat
Laundry Room

Exterior Features

1 Carport
Patio
6 Parking Spaces
Views

PRIME STUDENT INVESTMENT - MULTI UNIT RESIDENTIAL COMPLEX - REDUCED

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

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Ravina Latchman
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

16 Chartwell Drive, Umhlanga Central

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