- 6
- 4
- 2
- 997 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 2151.00
Property description
Calling all investors to this excellent investment generating income
This property serves as student accommodation to the local university from mid-January to end- November, and during December to mid-January it serves as an Air BnB with an average rating of 4.6. This property currently generates R 33 000 PM in rental from student accommodation from the nearby university.
This is a must view for all companies with contract work or investor looking to invest in student accommodation. This super house is a hidden gem in Cato Manor boasts 6 bedrooms with beds, desks and cupboards in all units as well as shared bathrooms. There is an upstairs and downstairs kitchen for self catering. This house has a garden cottage to make a common area as well as space to park 4 cars plus double garage safely behind a well secured building.
All furniture is inclusive to the sale of this property. An on-site housekeeper is there to oversee the day-to-day running of the property.
Also this property offers:
• 6 Bedrooms with 4 bathroom and built-in cupboards and en-suite
• Swimming pool
• Braai area
• Double garage
Close to all amenities and is just a 5 mins drive to the Pavillion Shopping Mall with easy access to freeways with a 5 minute walk to UKZN HOWARD COLLEGE and eThekwini College.
Call me for a private viewing.
Property Details
- 6 Bedrooms
- 4 Bathrooms
- 2 Garages
- 2 Ensuite
- 2 Lounges
- 1 Dining Area
Property Features
- Study
- Staff Quarters
- Storage
- Entrance Hall
| Bedrooms | 6 |
| Bathrooms | 4 |
| Garages | 2 |
| Erf Size | 997 m2 |
Contact the Agent
Emmanuel Adegunloye
Full Status Property Practitioner