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9 Alek Close, Reservoir Hills, Durban, KwaZulu-Natal
R 1 095 000
Versatile Investment Opportunity with Multiple Income Streams in Reservoir Hills Discover a truly versatile property in the desirable Reservoir Hills area of Durban, offering exceptional potential for rental income, student accommodation, or comfortable extended family living. This adaptable asset is perfectly configured to generate multiple income streams, making it an ideal acquisition for astute investors looking to expand their portfolio. The main residence features three well-proportioned bedrooms and two bathrooms, including a main en-suite for added convenience. Enjoy spacious living with a dedicated lounge, a dining room, and an additional family TV room, providing ample space for relaxation and entertainment. The property benefits from durable aluminium windows throughout and is secured with an alarm system, access gate, burglar bars, and security gates, ensuring peace of mind. Further enhancing its appeal are two self-contained flatlets, each comprising a bedroom, lounge, kitchen, and bathroom, offering independent living spaces. An additional outside room with a toilet provides further scope for rental conversion or student housing. All flatlets are equipped with prepaid electricity and water, simplifying tenant management. The property boasts extensive parking facilities, including two double garages accommodating up to four vehicles, alongside ample open parking for an additional ten vehicles, all set within a generous 1246 sqm erf with a well-maintained garden and paving. This high-yield property combines comfortable living with significant income potential. Do not miss the opportunity to acquire this adaptable asset. Contact us today to arrange a viewing and explore the possibilities. Key Features 3-bedroom main house with 2 bathrooms (1 en-suite) Two self-contained 1-bedroom flatlets Additional outside room with toilet Prepaid electricity and water for flatlets Two double garages (4 vehicles) and 10 open parking spaces Alarm system, access gate, burglar bars, and security gates Spacious 1246 sqm erf with garden Ideal for investors, extended families, or student accommodation SILVER SOLUTIONS 2390 CC trading as RE/MAX Tricolor (Westville) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 10 340
on a R 985 500 bond over 20 years at 11.25%
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9 Alek Close, Reservoir Hills, Durban, KwaZulu-Natal
Fair-value check
Good valuePriced 36% below comparable 6-bed houses for sale in Reservoir Hills
Based on 15 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Tshepo Jacobs
Unclaimed listing — claim it to verify
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