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
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
Monthly Rates
R2,200
Features
Interior
Exterior
Sizes
Listing Info
Musgrave, Durban
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.14 km - Engen Essenwood Service Station
0.32 km - Engen Musgrave Convenience
0.80 km - Marathon
Bus Station
1.74 km - Alice Street Bus Sheds
2.55 km - Translux
2.55 km - Eldo Coaches
Hospital/Clinic
0.51 km - Dr Sa Osman
0.56 km - Mediclinic
0.58 km - Palm Ridge Clinic
Police Station
0.54 km - South African Police Service Detectives Sydenham
0.65 km - South African Police Service Berea
0.68 km - Police Station
Shopping Centre
0.37 km - Mugrave Centre
0.84 km - Overport City Shopping Centre
0.95 km - The Atrium
0.11 km - Newbridge College
0.12 km - Durban Secondary School
0.13 km - Durban High School
0.14 km - Durban High School
0.17 km - Dance School Sa
0.19 km - Tree Tops Junior Primary
0.20 km - Bright Eyes Centre
0.25 km - Little Noddy Pre-School Berea
0.29 km - The Beauty Academy
0.32 km - Carebears On Essenwood
0.33 km - Tree Tops Nursery School
0.34 km - Tree Tops Primary School
0.35 km - I Can
0.87 km - Hunt Road Secondary School
0.91 km - Ridge Park College
2.41 km - New West Secondary
2.63 km - Mayville Secondary School
3.22 km - Wiggins Secondary School
Average sold property price in Musgrave
Freehold
Sectional Scheme
Vacant Land
Freeholds
R3,861,458
25.0%
Average price
27
25.0%
Transfers
Sectional Titles
R1,613,705
20.0%
Average price
198
20.0%
Transfers
Estates
0
0%
Average price
0
0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
