6 Bedroom House For Sale in Reservoir Hills, Durban

Property description

Calling all astute investors to seize this extraordinary property opportunity! Nestled on a 1228m2 piece of prime real estate, this 6-bedroom, 5-bathroom gem of a property is an income-generator from the get-go. With a sage investment price of R1,499,000, your yield potential will sky-rocket!

The current owners have expertly partitioned the main property into 5 separate units, each with private access, creating an autonomous living arrangement that appeals to today's tenant. Generating a passive income of R20,900 per month, this investment essentially pays for itself. The cherry on top? The tenants are happy to continue their occupancy post-sale.

Located in the thriving hub of Reservoir Hills, Durban, this property provides convenient access to local amenities, such as the Reservoir Hills Mall and local schools. Savour the convenience of city living with the major thoroughfares of New Germany Rd and Mountbatten Dr only a stone's throw away, and enjoy plentiful access to public transport.

Although currently an investment property, this versatile property can effortlessly be converted into a stunning single-family residence. It boasts a plentiful parking area and a lovingly maintained garden. Plus, pet lovers rejoice! This property warmly welcomes your furry friends.

Could this venture be any more lucrative? Yes! The property sits on level land, providing endless potential for future development or expansion.

So, don't delay! This is a must-see property; with its many features, prime location, and income potential, it won't be in the market for long. Dial now, reserve your spot as a thriving property investor in Reservoir Hills, Durban. Take the first step towards effortless income generation and unparalleled property ownership. Let’s unlock this door together!