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5 Bedroom House For Sale in Carrington Heights

R2,400,000


Monthly Bond Repayment R24,772.52
Calculated over 20 years at 11% with no deposit.

Web Ref No CMNT-5497

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

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

Bedrooms 5
Security Yes
Bathrooms 5
Flatlet 2
Recep. Rooms 3
Dom. Accom. 1
Floor Size 947m²
Land Size 947m²
Carports/Parkings 7
Pool Yes
Pets Allowed Yes

Agent Contact Details

Nicky van der Westhuizen
Durban South

Cell 073 263 4164
Office 031 100 8078
WhatsApp Me
Renaldo Geldenhuys
Durban South

Cell 083 375 2129
Office 031 100 8078
WhatsApp Me

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