This massive house in the Springfield area has huge potential for investors.
The house is divided into 2 sections: a 5-bedroom section with its own entrance at the bottom and a 4-bedroom house with a separate entrance accessed at the top section. Both sections will need some tender care in bathrooms and kitchens. The top section is already tenanted with a monthly income of R7000 pm. Not far from informal settlement but the income potential outweighs the negatives in the area.
The residential property is fully fenced, and part of the yard area is leased out to a local shop. There is also plenty of parking space inside the yard for up to 8 cars.
Look no further for a viable addition to your investment portfolio.
Originally called Rio de Natal by Vasco d Gama when he visited in 1497 Durban later received its name from a governor of the Cape Colony named Sir Benjamin D'Urban. Durban is a cultural melting pot of diversity, ethnicity and top-class cuisine that represents culinary influences from around the world. Located on the northeast coast of South Africa and being the biggest port, Durban is the heart of Kwa-Zulu...
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