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Herrwood Park, Herrwood Park, Umhlanga, KwaZulu-Natal
R 6 500 000
Maximize Your Investment Potential with this Spacious Home and 3 Profitable Flatlets! This huge property offers a lot of versatility and potential for a variety of living arrangements and rental income. The grand main house with 3 bedrooms and 4 bathrooms, as well as the 3 attached flatlets, offer plenty of space for a large family or for multiple tenants. The spacious kitchen, scullery, dining room, and living areas provide ample room for entertaining and relaxation, while the indoor/outdoor patio and balcony offer beautiful views and additional space for enjoying the outdoors. The upstairs flat with 3 bedrooms and 2 bathrooms, as well as the two other flats with 1.5 and 2 bedrooms respectively, all offer comfortable living spaces with their own kitchens and bathrooms. With a combined rental income of about R50 000pm, this property could be a great investment opportunity. The pool area, staff accommodation, and automated gates add further convenience and appeal. It's also worth considering the option of returning the property to its original structure as a single large family dwelling, which could be a great option for a family looking for a spacious home with plenty of room to grow.
Estimated monthly repayment
R 61 381
on a R 5 850 000 bond over 20 years at 11.25%
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Herrwood Park, Herrwood Park, Umhlanga, KwaZulu-Natal
Listed by
Ricardo Dos Santos
Harcourts Synergy
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