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Wensleydale, Wensleydale, Pietermaritzburg, KwaZulu-Natal
R 2 500 000
This house is perfectly situated directly across the road from the Durban University of Technology (DUT) which presents an excellent opportunity for student accommodation investment. There are currently 20 students which brings in an excellent income to the present owner. It's convenient location allows students to walk to campus which eliminates transport and ensures easy access the lectures, campus facilities and surrounding amenities such as the Woodburn and Scottsville Malls, walking distance into the city center, as well as the UKZN.he home offers spacious living areas that accommodates multiple tenants, well-proportioned rooms suited for the student's needs. It's set on a generous size erf, the property has ample outdoor space with potential for further development or extensions to maximize more rental income. If you are an investor looking for long term returns this is an outstanding property in high demand. The property also boasts a swimming pool and braai area as well as a study area which creates a relaxed social environment. To view this well sought after property please contact the agent.
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
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Wensleydale, Wensleydale, Pietermaritzburg, KwaZulu-Natal
Listed by
Johan Van Wyk
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