11 Bedroom House For Sale in Reservoir Hills

R2,690,000

Monthly Bond Repayment R28,224.99
Calculated over 20 years at 11.25% with no deposit.

Web Ref No CMNT-3552

A TEN BEDROOM HOUSE, CUSTOMIZED FOR STUDENT ACCOMMODATION, FOR SALE IN RESERVOIR HILLS

A TEN BEDROOM HOUSE, CUSTOMIZED FOR STUDENT ACCOMMODATION, FOR SALE IN RESERVOIR HILLS

This huge property is situated in a beautiful area in Reservoir Hills not so far from UKZN and is customized to be a student accommodation.

It has 10 bedrooms all fitted with desks and single beds for students. It can accommodate about 32 students and can generate an income of about R75,000 per month.

It has six bathrooms, five of which are en-suites. It has two kitchens and one lounge or TV room.

There is a also a laundry room for the students to do their washing.

It has a beautiful garden at the front and yard is big enough for further developments.

This is a good investment opportunity so investors, don't let this pass you by as this comes with all the extras in it.

Features

Bedrooms 11
Security Yes
Bathrooms 6
Recep. Rooms 1
Land Size 1,224m²
Carports/Parkings 8
Views Yes
Furnished Yes
Monthly Rates R1,750.00