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Hilton Central, Hilton Central, Hilton, KwaZulu-Natal
R 4 750 000
This exceptional income-generating property, nestled in the highly sought-after area of Hilton, presents a rare opportunity for both investors and extended families. Situated on a generous plot, this property offers a tranquil and established garden setting, perfect for those seeking a peaceful lifestyle. Prime Location and Rental Potential Ideally located within walking distance to several of Hilton’s prime schools, this property is perfectly positioned for long-term rentals, short-term accommodation, or extended family living. With five dwellings currently occupied by secure tenants, it boasts excellent rental appeal. Diverse Accommodation Options The property includes: 1. Three two-bedroom apartments 2. One one-bedroom cottage 3. A freestanding two-bedroom cottage with its own private entrance, providing added privacy and flexibility for rental or owner-occupier use. Amenities and Features Surrounded by a beautifully established garden, tenants and guests can enjoy: 1. A swimming pool 2. Communal laundry area 3. Additional storage room Each unit is equipped with prepaid electricity, and water usage is efficiently managed through a prepaid main meter with individual sub-meters for each dwelling. Ample Parking Parking needs are well catered for with: 1. A three-car carport 2. A two-car carport 3. A separate single carport allocated to the freestanding cottage Investment Potential The freestanding cottage, located at the top of the property with its own entrance, enhances the overall versatility and value. There is exciting potential to expand existing income streams by converting the property into a boutique bed and breakfast, guesthouse, or Airbnb-style accommodation, capitalizing on Hilton’s strong demand for short-term stays. Further opportunities may include sectional title conversion, adding additional units, or subdivision, subject to necessary approvals. Conclusion This outstanding investment opportunity in one of Hilton’s most desirable locations offers multiple income streams, strong rental demand, and exceptional long-term investment potential. Don't miss out—contact us today to arrange a viewing and explore the possibilities.
Estimated monthly repayment
R 44 856
on a R 4 275 000 bond over 20 years at 11.25%
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Hilton Central, Hilton Central, Hilton, KwaZulu-Natal
Listed by
Zanele Swanepoel
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