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7 Bedroom Freehold For Sale in Umbilo

R2,300,000


Monthly Bond Repayment R24,925.26
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL3721

INVESTORS DREAM

LARGE INCOME GENERATING PROPERTY

This 7 bedrooms 4 bathrooms is a life long investment. located at Umbilo all bedrooms are spacious with built-in cupboards, 2 bedrooms with en-suits, a large fully fitted kitchen with breakfast nook, tv area with DSTV compact and swimming pool, uncapped wifi, 3 Air cons,2 washing machines, 3 fridges, curtains and bedding, full security every tenant has their own panic button, 4 lockup garages.

Accommodation for students (ALL GIRLS CURRENTLY) 12/16 students in the main house and family in the garden cottage.
Cleaner comes twice a week. All house rules in place and followed by tenants and leases in place, also furniture included.

Below is a breakdown of income:
Room A1
3 Sharing
R2500 x 3 (R 7,500)

Room A2
3 sharing
R2500 x 3 (R 7,500)

Room A3
Single
R3 300

Room A4
Single with en-suite
R3 500

Room A5
2 Sharing
R2 700 x 2 (R5 400)

Room A6
2 sharing with en-suite
R2 900 x 2 (R 5 800)

Garden cottage
R3 500
This property has a great future potential and has a lot to offer you

Features

Bedrooms 7
Security Yes
Bathrooms 4
Flatlet 1
Garages 4
Land Size 629m²
Pool Yes
Furnished Yes
Monthly Rates R7,500.00

Agent Contact Details

Khanyi Khanyile
Maxprop Durban - Letting and Sales

Cell 078 331 9525
Office (031) 2517300
WhatsApp Me

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