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Glenmore, Glenmore, Durban, KwaZulu-Natal
R 2 400 000
Rawson Berea exclusively offers this 12 bedroom house (lounge and Dining Room converted to bedrooms) for sale in Glenmore. Furniture included at a negotiable price! This exceptional property presents a fantastic investment opportunity, ideally suited for student accommodation. Conveniently located within walking distance of gates 3, 4, and 8 of UKZN Howard College, it offers both comfort and accessibility. The house features: 3 fully fitted kitchens, each equipped with a stove, oven, and hob and a fridge 4 bathrooms, all fitted with showers A dedicated study room Laundry facilities, including washing machines All bedrooms are well-equipped with built-in wardrobes, single beds, and study desks, making it perfectly suited for student living. Currently operating as a student accommodation, the property is fully occupied by 22 students and generates a monthly income of approximately R 63 000 making it an excellent income-generating asset. Additional features include: A spacious yard Carport and ample parking space for up to 7 vehicles Close proximity to nearby amenities and popular restaurants such as Debonairs Pizza, KFC, and Fishaways This is a rare opportunity to secure a high-yield investment property in a prime location. Like us on Facebook: rawsonpropertiesdurbanberea Needing a Comparative Market Analysis on your Property or Home Loan assistance, Contact Us Now.
Estimated monthly repayment
R 22 664
on a R 2 160 000 bond over 20 years at 11.25%
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Glenmore, Glenmore, Durban, KwaZulu-Natal
Listed by
Zinhle Dlamini
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