7 Bedroom Sectional Title For Sale in Musgrave

R3,700,000

Monthly Bond Repayment R38,190.97
Calculated over 20 years at 11% with no deposit.

Web Ref No TPR21810

EXCEPTIONAL INVESTMENT OPPORTUNITY : PRIME DOUBLE STOREY PROPERTY WITH 4 UNITS

This spacious, modern double-storey house presents a fantastic investment opportunity with four
well-appointed units, located just behind the new Musgrave mosque on St Thomas Road. Access is
via a secure, gated cul-de-sac off Essenwood Road, ensuring both privacy and safety. Property
Highlights:
Unit 1 (Upstairs): A generous 3-bedroom, 2-bathroom unit covering 178 square meters.
Features include porcelain tiles throughout, a spacious open-plan living and dining area, and a fully
equipped kitchen. The master bedroom includes an en-suite bathroom.
Unit 2 (Downstairs): A large
2-bedroom, 1-bathroom unit with a comfortable lounge/dining room and a fully fitted kitchen, all
elegantly tiled.
Unit 3: A sizable 1-bedroom, 1-bathroom unit with an open-plan lounge/dining area
and a large kitchen, also fully tiled.
Unit 4: A practical bachelor unit with a bathroom, situated at the
rear of the property.
Pool Area: A small but inviting pool for relaxation and leisure.
Parking: Ample parking space for up to 5 vehicles.
Tenancy: All units are currently tenanted with market-related
rental income.
Proximity: Walking distance to places of worship, Durban High School, and Musgrave
Shopping Centre.
Seize this prime investment opportunity to acquire a property with strong income

Features

Bedrooms 7
Bathrooms 5
Flatlet 1
Recep. Rooms 8
Study 2
Floor Size 356m²
Land Size 480m²
Carports/Parkings 4
Pool Yes
Monthly Rates R2,200.00