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26 Vialls Place, Clare Hills, Durban, KwaZulu-Natal
R 1 960 000
Yes, you read that right — three homes on one property, offering exceptional value and strong rental potential. With a bit of vision and renovation, this property can deliver excellent returns and long-term growth. ?? Investment Potential Currently generating R240,000 per annum Rental income can be increased to ±R270,000 per annum (±R7,500 per unit) Rent has intentionally remained below market value due to long-standing, reliable tenants (8 years, excellent payment record) Option to: Rent as 3 individual units Convert into a large extended family home Reconfigure from 3 x 3-bedroom units to 6 x 3-bedroom units Sectionalise into separate titles (estimated value of ±R850,000 per unit) ?? Property Layout (All Units Identical) Private entrance to each unit Direct access from unit into the garage (safe and convenient) 3 spacious bedrooms upstairs Main bedroom includes a dressing room Ample built-in cupboards throughout 2 bathrooms Large open-plan living and dining areas Well-designed layout with generous proportions — not small units ?? Security & Convenience Burglar bars and security doors throughout Garages accessible from within the property Well-thought-out design prioritising safety and privacy ?? Prime Location Adjacent to Musjid-e-Mahmood Mosque Only 3 doors away from Al Khair Madrasah School Well-established and sought-after area Bonds accepted ? Why This Property Makes Sense Multiple income streams Strong demand in the area Flexible usage options Solid long-term investment with growth potential
Estimated monthly repayment
R 18 509
on a R 1 764 000 bond over 20 years at 11.25%
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26 Vialls Place, Clare Hills, Durban, KwaZulu-Natal
Listed by
Tshepo Mnguni
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