R1,225,000

R1,225,000

5 Bedroom House For Sale in Greenwood Park
5
Bedrooms
4.5
Bathrooms
2
Garages
432 Park Station Road
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Income Generator

Web Ref. TPR1591
Land size 1012.00 m²
Monthly Bond Repayment
R12,230.15
This Income Generator is suitable for extended family or as an investment opportunity. This 7 bedroom home offers great potential. Currently configured as 2 bedroom flat on top level, 1 bedroom flat on top level, 2 bedroom flat on lower level (no pictures), 1 bedroom flat below the garages and a bachelor flat.

Rental income to R22 500 pm. All units have pre-paid electricity and water meters.

The double garages could be used as tuck shop, barber, etc. This is a solid property built by a master builder.
Monthly Rates R868

Features

Interior
5 Bedrooms
4.5 Bathrooms
5 Kitchens
4 Lounges
3 Dining Rooms
1 Study
Exterior
2 Garages
6 Parkings
2 Flatlets
Domestic Accom
Sizes
Land Size 1,012 m²
Listing Info
Date Listed 05-12-22
Time Listed 08:08

Greenwood Park, Durban

Queensburgh has grown in popularity mainly because of its great location, it includes as many as ten suburbs. Situated south west of the City of Durban it is centrally located to the southern industrial suburbs and Pinetown’s industrial areas and just a short drive from the Pavilion shopping centre, Pinetown, Chatsworth, central Durban. Accessibility to the main highways is good with the M7/ N2 /N3 highways all being within easy reach. The Queensburgh area developed when early settlers wanted to escape from the humidity of the coast and so they headed to the inland hills. In 1924 four residential suburbs in the area being Malvern, Escombe, Northdene and Moseley combined to form the town of Malvern. In 1952 to celebrate the...
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