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R2,400,000

R2,400,000

5 Bedroom House For Sale in Carrington Heights
5
Bedrooms
5
Bathrooms
Sole Mandate
Print

Prime Investment Opportunity Near UKZN - Ideal for Student Accommodation or B&B!

Web Ref. CMNT-5497
Land size 947.00 m²
Floor size 947.00 m²
Monthly Bond Repayment
R24,365.49
Prime Investment Opportunity Near UKZN - Ideal for Student Accommodation or B&B!



Unlock significant income potential with this strategically located double-story property, just a stone's throw from the University of KwaZulu-Natal (UKZN).

Currently operating as a successful Bed & Breakfast with a strong occupancy rate, this property offers immediate returns. With 5 bedrooms and 3 bathrooms, it's perfectly suited for conversion into high-demand student accommodation. The level property offers parking for up to 10 vehicles – a significant advantage for tenants.

The property is fully walled with remote access, ensuring security for residents. The sunroom and sparkling pool provide appealing communal areas. The existing outbuildings also contribute to the rental income stream.

Key Features:

Prime Location - Stone's Throw from UKZN University, Hospitals and Shoping Centers.
Currently Running as a Successful B&B
Potential for High-Yield Student Accommodation
5 Bedrooms, 3 Bathrooms
Parking for 10 Vehicles (Level Property)
Fully Walled with Remote Access
Existing Rental Income from Outbuildings
Already Zoned Comercial

The Property is not being sold as a going concern.

Please call us today to arrange for a private viewing.

Features

Interior
5 Bedrooms
5 Bathrooms
2 Lounges
1 Dining Room
Exterior
7 Parkings
2 Flatlets
Pet Friendly
Pool
Security
Domestic Accom
Sizes
Land Size 947 m²
Floor Size 947 m²
Listing Info
Date Listed 09-04-25
Time Listed 09:06

Carrington Heights, Durban

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Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt 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.