- 15
- 9
- 1 241.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 2685.00
Property description
This lucrative property features 15 fully furnished bedrooms, currently housing 21 students, with top-quality finishes and all appliances included. Generating R75,000 – R80,000 monthly with 100% occupancy, it’s NSFAS-accredited and impeccably maintained on a spacious 1241 sqm erf.
Enjoy a beautiful garden, relaxing patio, air-conditioning, and a separate flatlet for additional income. Security is excellent, with burglar bars and a gated entrance.
Modern comforts include an inverter with 18 solar panels and backup battery, air conditioning and ceiling fans to keep cool in warm KwaZulu Natal days, plus multiple vehicle parking and secure burglar bars.
The home is finished with thoughtful touches like blinds, a fireplace and tasteful finishes that enhance everyday living.
Whether you’re looking to continue as a thriving student accommodation business or convert it into a charming BnB, this property offers endless potential and immediate income.
Don’t miss out – schedule a private viewing today!
Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.
Property Details
- 15 Bedrooms
- 9 Bathrooms
- 3 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Laundry
- Aircon
- Kitchen
- Fire Place
- Garden
- Family TV Room
- Flatlet with 2 bedrooms, kitchen, 2 bathrooms
- Wendy House
- 18 Solar panles
- Inverter with 12kv,3 batteries
Video
| Bedrooms | 15 |
| Bathrooms | 9 |
| Erf Size | 1 241.0 m2 |
