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!
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
