Monthly Bond Repayment R17,031.11
Calculated over 20 years at 11% with no deposit.
Web Ref No CMNT-5317
BRING OFFERS! Amazing Find!
BRING OFFERS!
This 6-bedroom, 6-bathroom property in Glenmore is an exceptional opportunity for both investors and families. Here's a breakdown of its key features and benefits:
Property Overview: Main House: - 3 bedrooms, 2 bathrooms (1 en-suite). - Fitted wardrobes in all rooms. - Fitted kitchen with scullery. - Lounge and dining room.
Investment Potential: - Steady Income: The property is already tenanted with reliable tenants, generating consistent rental income like an "ATM." - Student Accommodation: Its proximity to UKZN Nelson Mandela Medical School and UKZN Howard College makes it ideal for student rentals. Subsidized Bond: Families can offset over half of their bond by renting out the additional units.
Location Benefits: - Situated in the secure and sought-after area of Glenmore. - Offers a blend of urban convenience and suburban tranquility. - Close to amenities like shopping malls, restaurants, gyms, and hospitals.
Why Buy? For Investors: A lucrative opportunity to tap into the property and student rental markets. For Families:A spacious, income-generating home in a prime location.
This property is a rare find, combining practicality, location, and income potential. Don’t miss out!