R3,750,000
R3,750,000
Monthly Bond Repayment R38,707.06
Calculated over 20 years at 11% with no deposit.
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Monthly Rates
R2,350
R2,350
9-Bedroom House with 6 Separate Flatlets - Ideal for Shared Accommodation
**Main House Features:**
- Spacious 5 generously sized downstairs bedrooms, 2 en suite bathroom
- 2 downstairs shared bathrooms
- 4 Medium size upstairs loft style bedrooms
- 1 upstairs shared bathroom
- Large, open-plan living area, perfect for socializing and family gatherings
- Fully equipped kitchen with ample cupboard and counter space
- Private, well-maintained garden with plenty of space for outdoor relaxation
- Additional storage spaces, making organization easy
- Back up water storage tank
- Beautiful big shared pool
- Parking for 8 vehicles
**Flatlet Features:**
- 6 separate flatlets, each with its own kitchenette, bathroom, bedroom and living area
- Private entrances for each flatlet, ensuring privacy for all tenants
- Modern finishes and well-designed layouts for maximum comfort
- Ideal for rental income, student accommodation, or multi-generational living
- Section of flatlets built on double story foundation, allowing for further extension
**Investment Potential:**
- With 6 flatlets generating rental income, this property offers an incredible opportunity for investors
- Currently generating a rental income of R47 500.00 per month
- Security patrolling the street through local neighbourhood watch.
- Prime location close to local amenities, and public transport, ensuring high demand for rental spaces
- Close proximity to St Henry’s Marist College, St Augustine’s Hospital and Life Entabeni Hospital
- High potential for consistent rental yields
Whether you're looking for a large family home with additional rental income or an investment property offering strong returns, this property is a rare find and not to be missed. Contact us today to arrange a viewing and discover the full potential of this versatile property!
E&OE
Features
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
11
Kitchens
7
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Flatlet
6
Pool
Yes
Westridge, Durban
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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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
