Investment Opportunity: Elegant Residence with Dual Living Options
Step into the warm embrace of this exceptional property, well designed layout with endless potential for savvy investors or families seeking a multipurpose residence. Nestled in the highly sought-after Hillcrest, within walking distance away from Hillcrest High School and local amenities. This real estate gem promises a substantial monthly rental, this real estate gem promises a substantial monthly rental income of R40,500. Enchanting both seasoned investors and families looking to streamline their living arrangements, this home has been ingeniously divided to accommodate diverse preferences and lifestyles.
The main house features a thoughtfully partitioned 3 bedroom, 2 bathroom haven on one side, perfect for a growing family looking for space. On the opposite side, a cosy 2 bedroom, 2 bathroom retreat beckons smaller families or those desiring a more intimate living space. The kitchen features quartz countertops, a large separate scullery and walk-in pantry, whilst the upgraded bathrooms elevate the overall aesthetics.
A spacious undercover veranda, cleverly split with aluminium glass stack doors, features a built-in gas braai on one side and a Jacuzzi on the other, creating an inviting outdoor space for warm summer days. Adding to the allure of the property includes two one-bedroom studio flatlets promises additional rental income offering privacy and independence for tenants seeking standalone accommodations.
Whether you’re an investor aiming for maximum returns or a family seeking a harmonious consolidation, this property effortlessly caters to both needs. The substantial monthly rental income ensures a robust return on investment, while the versatile living spaces are strategically designed for privacy and comfort.
The area, known generally as The Upper Highway, lies between Westville and Pietermaritzburg and is made up of smaller suburbs such as Kloof, Gillitts, Hillcrest, Winston Park, Botha's Hill, Assagay and Waterfall. Once known as a sleepy village, the Upper Highway has become a much sought-after area for families to invest in their futures. From lush greenery in Kloof to the breath-taking Valley of a Thousand Hills,...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
