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5 FARAWAY PLACE, Beverley Hills, Westville, KwaZulu-Natal
R 4 500 000
8 Bedroom Home for Sale in Central Westville Exceptional Income-Generating Property Fully Let Student AccommodationThis impressive fully furnished 8-bedroom, 8-bathroom property presents a rare opportunity for investors seekingimmediate,reliable rental income. Currently fully let to Varsity College students, the property generates a solid monthly income ofR81,000.Exceptional Income-Generating Property Fully Let Student AccommodationThis impressive fully furnished 8-bedroom, 8-bathroom property presents a rare opportunity for investors seekingimmediate, reliable rental income. Currently fully let to Varsity College students, the property generates a solid monthlyincome of R81,000.Property Features:8 Spacious bedrooms, all en-suite8 Modern bathroomsFully furnished ready for continued rental operation12 Parking bays, ideal for multiple tenantsSparkling swimming pool a major drawcard for studentsFlatlet perfect for additional income, management use, or flexibilitySolar panels with inverter ensuring uninterrupted power and reduced utility costsDesigned for comfort, convenience, and low maintenance, this property is perfectly suited to the student rental market. Itsproximity to Varsity College ensures consistent demand and high occupancy.Investment Highlights:Fully tenanted with immediate returnsStrong monthly income of R81,000Load-shedding resistant with solar and inverterTurnkey investment no additional setup required Show more Show less
Estimated monthly repayment
R 42 495
on a R 4 050 000 bond over 20 years at 11.25%
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5 FARAWAY PLACE, Beverley Hills, Westville, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Emma Zulu
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