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24325 Umbilo, Umbilo, Durban Central, KwaZulu-Natal
R 1 800 000
Ocebisa Propertis Present a Five Bedroom House with two Granny cottages in UmbiloThis property has been approved for Nsfas Accreditation Grabe B for 15 bedsThis is a lifetime opportunity to own an income generating property that is suitable for student accommodation or for leasing out to young professionals.The home has a fully fitted kitchen,with a stove,oven and hob .The bedrooms have built-in cupboards fitted .There is a study room area that can be used for studying for the students .The main house has two bathrooms,one upstairs and one downstairs.The home is a double story home .The home has two outside cottages that have their own bathroom .The home also has a pool and two single garages .This home is 1,1 km from the Nelson Mandela School of Medicine.Each student pays R3665 x 15 54975 Total Incomefor a private viewing contact Nzuzo Dludla Show more Show less
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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24325 Umbilo, Umbilo, Durban Central, KwaZulu-Natal
Fair-value check
Good valuePriced 29% below comparable 5-bed houses for sale in Umbilo
Based on 10 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Nzuzo Dludla
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