Web Ref No DPR4158

Looking for a great investment opportunity? This seven-bedroom house; perfectly converted to a student accommodation is for you. This property offers one communal fully fitted kitchen area on the top floor and another one on the bottom floor and two bathrooms with separate toilets. All rooms have built-in cupboards. The property has been utilized as a student accommodation for a couple of years and is registered on the University of KwaZulu-Natal Student Housing database. With all these seven bedrooms; the house is able to generate about R19 000.00 and more rental income per month. All rooms have built-in cupboards and are all currently occupied by students.
This property is situated within a walking distance to the University of KwaZulu-Natal (Westville Campus); along the public transport route and within a close proximity to all amenities such as Westville and Reservoir Hills shopping malls and health care centres. It also has a quick access to the M19, N2 North and South freeway. There are also many good schools close to the property.
With the income that the property is generating on a monthly basis; it is with doubts that it will pay for itself. The house however requires a little bit of TLC.
Please call the Agent for viewing.