9 Bedroom Freehold For Sale in Palmiet

R1,350,000

Monthly Bond Repayment R13,934.54
Calculated over 20 years at 11% with no deposit.

Web Ref No TPR19961

IDEAL INCOME GENERATOR

Triple Storey Investment Property in the Heart of Clare Estate

This spacious and versatile triple storey house offers an exceptional investment opportunity with a total of 4 separate units. Perfectly situated in the heart of Clare Estate, this property is ideal for student accommodation or multi-family living.

Property Features:

Unit Breakdown:

1 x 3-bedroom unit

3 x 2-bedroom units

Each unit includes its own kitchen, lounge/dining area, and bathroom facilities.

Prepaid electricity meters installed in each unit.

Income Potential:

Estimated rental income of R25,000 per month.

Property Details:

Face brick exterior for low maintenance.

Units require some TLC, offering potential for value enhancement.

Large land size of 970 square metres.

Prime Location:

Close proximity to UKZN Westville Campus, DUT, and other educational institutions.

Easy access to major routes including M19, N2, and Umgeni Road.

Near schools, shopping centres, and places of worship.

Don't miss out on this incredible investment opportunity! Contact us today to arrange a viewing and secure this prime property.

Operating in terms of a franchise agreement with TYSON PROPERTY HOLDINGS (PTY) LTD.

Features

Bedrooms 9
Bathrooms 5
Flatlet 1
Recep. Rooms 8
Dom. Accom. 1
Study 1
Garages 1
Land Size 970m²
Carports/Parkings 5
Pets Allowed Yes
Monthly Rates R1,200.00