- 6
- 3
- 705.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1401.00
Property description
Perfectly positioned just 700 metres from University of KwaZulu-Natal (UKZN), this well-maintained and income-generating property presents an outstanding investment opportunity.
Currently fully occupied with both private and NSFAS registered students, this property operates as successful student accommodation, the property generates approximately +R40,000 per month in rental income and presently accommodates 12 tenants comfortably with room for more, ensuring consistent demand due to its prime location.
Property Features:
Main House:
• 6 fully furnished bedrooms (beds, desks, and built-in cupboards)
• 3 shared bathrooms
• Spacious communal kitchen
• Comfortable lounge and dining area
Basement Units (Self-Contained):
• Unit 1: 1-bedroom with private kitchen and bathroom
• Unit 2: 2-bedrooms with private kitchen and bathroom
Additional Features:
• Freshly painted inside and out
• Inviting common pool area
• Secure tandem parking behind locked gates
• Convenient access to shops, public transport, and essential amenities
This split-level property is designed for practical student living, offering both communal and private spaces to suit different tenant needs. Its proximity to UKZN ensures ongoing rental demand, making it a solid addition to any investment portfolio.
A rare opportunity to secure a high-yield property in a sought-after student hub.
Contact us today to arrange your private viewing.
Property Details
- 6 Bedrooms
- 3 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Pool
- Fence
- Garden
Video
| Bedrooms | 6 |
| Bathrooms | 3 |
| Erf Size | 705.0 m2 |
