HENDRA - INVESTMENT OPPORTUNITY FOR DUT STUDENT RENTALS

R 1,999,000

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1 month ago37 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):315
Parking:Street
Description
Are you looking to expand your rental portfolio? Look no further! This delightful character semi detached unit is in walking distance to DUT! It has been beautifully preserved and well maintained. This property is easliy converted to at least 6 units with very little major renovations due to the separate entrances and outbuilding which is an easy conversion to a complete studio cottage with plumbing already in place!
Should you want to do major renovations, more units could be fitted in!

The property currently consists of 2 units, Upstairs has a large well fitted kitchen plumbed for a dishwasher and has a fitted stove. The kitchen leads out onto a lovely patio for communal gatherings.
Large bedroom en-suite. Bedroom has aircon and french doors leading out onto the patio.
Spacious living area opening onto a lovely covered verandah with stunning city views! Skylights in the roof allow the light to stream through and the French Doors allow the breeze to flow. From the living area is a huge loft for either sleeping or relaxing, guest loo for convenience if the bathroom is occupied.

Downstairs unit has 4 setarate entrances, large rooms with beautiful Oregon Flooring in great condition. Small kitchen, living room, entrance hall, dining room, guest loo, Full bathroom, very spacious bedroom, Outdoor shower. Verandah off the living room also with lovely city views.

There is drive in access from the lane at the back for convenient parking of 3 medium vehicles or 2 large ones, safe and secure behind electric fencing

Every room is airconditioned for your convenience.
Garden is very low maintenance with paving in good condition and sunk in area perfect for a fire pit.

Don't delay, email, call or whatsapp me to arrange a viewing of this amazing opportunity to increase your rental portfolio!

Rates And Taxes: 2436
Levies: 1
Has Garden
Property Reference #: 2222327

Agent Details:
Desiree Tuck
Hendra Estates
8 Pigeonwood Close
Glen Anil
4051
Glen Anil
Umhlanga
4051
Id Subtitle 1274544544
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Estimated monthly repaymentR 21,664
Total property loan amountR 1,999,000
Total interestR 3,200,194
Total repaymentR 5,199,194
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Hendra Estates
Selling for 3+ years
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