8 Bedroom house for sale in Overport, Durban

R2,795,000
  1. 8
  2. 6
  3. Web Ref: 1361764

Property Features

ERF Size 575 m²
Rates R1,700 per month
Building Size 286m²

Interior Features

8 Bedrooms
3 Dining Rooms
Security
Granny flat
Aircon
6 Bathrooms
3 Lounges
Kitchen
House Levels

Exterior Features

8 Parking Spaces
Braai Facilities

Six Units, One Property – Multiple Income Opportunities!

Investment Opportunity in Overport/Asherville
Looking for a property that offers immediate rental income with exciting potential for growth? This spacious property in a sought after area is currently divided into six rental units, generating an impressive R28,000 per month.
Each unit has its own kitchen, living space and bedrooms, with the added convenience of prepaid electricity and water meters, making it easier to manage your rental expenses. The property is fully fenced and secure, with ample parking and is conveniently located close to schools, shops, transport routes and other essential amenities.
With its versatile layout and excellent location, this property is ideal for an investor looking to expand into student accommodation or maximize rental income. There is also potential to zone the property for commercial use, creating an opportunity for office letting or other business purposes, subject to the necessary approvals.
Whether you're looking for a ready-made income-producing investment or a property with the potential to unlock even greater returns, this one deserves your attention.
R28,000 monthly rental income | 6 units | Prepaid meters | Secure property | Commercial potential

Location

Contact the agent

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

16 Chartwell Drive, Umhlanga Central

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Ready to sell?

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