15 Bedroom House for sale in Reservoir Hills

Discover an exceptional investment opportunity with endless potential! This expansive property is perfectly suited for development into student accommodation, rental flats, duplex units, or a residential complex. Offering multiple income-generating units and ample parking, this property is ideal for investors looking to expand their portfolio or developers seeking their next project. Conveniently located within walking distance to taxi and bus routes, the property is also close to shopping malls, doctors’ surgeries, clinics, primary and high schools, shops, and University of KwaZulu-Natal Westville. Easy access to the M19 and N2 highways further enhances the property's appeal for tenants and future development. The main residence features a spacious lounge with air conditioning, a dining room, a fully fitted kitchen with hob and oven, a prayer room, convenient under-stair storage, bathroom with shower and three bedrooms with built-in cupboards. The main bedroom boasts a walk-in closet, ensuite bathroom with a shower. In addition to the main home, the property includes 9 versatile flatlets, offering excellent rental income potential: • Flatlet 1 – 2 bedrooms, lounge, kitchen with cupboards, bathroom with tub • Flatlet 2 – Large open-plan room with kitchen, access to communal bathroom • Flatlet 3 – Spacious room that can be divided into 2 bedrooms, kitchen with cupboards, bathroom with tub • Flatlet 4 – Generously sized unit with entrance veranda, lounge, dining room, prayer room, kitchen, bathroom with shower, storage room, and 2 bedrooms • Flatlet 5 – Comfortable 2-bedroom unit with built-in cupboards, lounge, kitchen, and bathroom with shower • Flatlets 6, 7 & 8 – Single-room units with access to communal bathroom facilities • Flatlet 9 – Bedroom, kitchen, and communal bathroom access Additional features include: • Communal bathroom facilities • Storage room • Shed used as a flatlet • Communal toilet • 10 parking spaces Whether you are looking to create a thriving student accommodation business, expand your rental portfolio, or redevelop into a larger residential project, this property offers incredible versatility and value in a highly accessible location. A rare opportunity not to be missed Call Tracy Maharaj now to view !!!