4 Bedroom House For Sale in Essenwood, Durban

Property description

This spacious four-bedroom house, currently utilized as student accommodation, presents an exceptional investment opportunity. Featuring four bedrooms, three bathrooms, and a communal lounge and kitchen, it caters to the needs of student residents and is zoned for a bed and breakfast. The property also offers four office spaces and two self-contained offices, accommodating businesses and professionals. With ample parking space for around 6 to 8 cars, this multifaceted property generates a consistent monthly income of 35k plus, making it lucrative. Also a developers dream, you could build about 9 apartments.

The property is situated in prime Essenwood and has a steady flow of rental income from the student accommodation, additional income from office rentals, and ample parking space. Two flatlets outside suitable for a beauty therapist.

Contact me for an exclusive viewing.