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11 Elgie Road, Umbilo, Durban, KwaZulu-Natal
R 1 900 000
Exceptional Investment Opportunity in Umbilo, Durban Discover this generously sized property in the highly sought-after suburban neighbourhood of Umbilo, Durban. Perfectly positioned for convenience, this residence is just minutes away from essential amenities including shops, schools, main roads, hospitals, and universities, making it an outstanding investment opportunity. Currently configured for student accommodation, the property boasts a total of 12 rooms across the main house and three additional flatlets, offering significant income-generating potential or ample space for a large family. The main house features five spacious bedrooms, each equipped with built-in cupboards for optimal storage. The expansive main bedroom benefits from a private en-suite bathroom, providing a tranquil retreat. A well-appointed family bathroom serves the remaining bedrooms, ensuring comfort for all residents. The heart of the home is an open-plan lounge and dining area that seamlessly connects to a fully equipped kitchen, ideal for family gatherings and entertaining. The kitchen offers generous counter space and cabinetry, complemented by a conveniently located laundry area and a guest toilet for visitors. Externally, the property includes a double lock-up garage and additional driveway space, providing secure parking. The large, level garden at the rear presents a blank canvas for creating a personalised outdoor haven. Adding to its appeal, the three separate flatlets offer versatile options for rental income, accommodating extended family, or hosting guests. This property truly blends comfort, functionality, and high-income potential, making it a must-see for discerning buyers. Don't miss the chance to explore the endless possibilities this home offers. Schedule your viewing today to secure this remarkable investment. Key Features 5 Spacious Bedrooms with Built-in Cupboards Main Bedroom with En-suite Bathroom Additional Family Bathroom and Guest Toilet Open-Plan Lounge and Dining Areas Fully Equipped Kitchen with Laundry Area Double Lock-Up Garage and Additional Driveway Parking Large, Level Garden (780 sqm Erf Size) Three Separate Income-Generating Flatlets Prime Suburban Location in Umbilo, Durban Ideal for Student Accommodation or Large Families CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 17 942
on a R 1 710 000 bond over 20 years at 11.25%
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Fair-value check
Fairly pricedIn line with comparable 5-bed houses for sale in Umbilo
Based on 10 comparable listings
A market signal from comparable listings — not a formal valuation.
11 Elgie Road, Umbilo, Durban, KwaZulu-Natal
Listed by
Nomvula Zuma
Unclaimed listing — claim it to verify
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