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5 bedroom house for sale in Sea View

R1,290,000
5 Beds
2 Baths
2 Garages
250m²
1,665m²
Reduced
Prime Location For Steady Rental Income & High Demand!

Investor's Dream! This property offers a fantastic opportunity for savvy investors looking to maximize their returns. Featuring a spacious 4-bedroom main house, a separate 1-bedroom basement unit with its kitchen and bathroom, and a 1-bedroom flatlet with its kitchen and bathroom, this property is perfect for generating multiple rental incomes.

The ample yard space also presents an exciting opportunity for further development, allowing you to expand and enhance the property's potential even further. Whether you're looking to add more units or create additional amenities, the possibilities are endless.

Conveniently located close to Southway Mall and three High Schools, this property is in a prime location. Its proximity to these amenities ensures a steady stream of potential tenants, making it an ideal investment for both students and Southway Mall employees.

Currently fetching R16,500 per month, this property has already proven its rental income potential. However, with some strategic improvements and marketing efforts, it has the potential to generate even higher returns. Don't miss out on this opportunity to capitalize on the demand for student and Southway Mall employee accommodation.

Any reasonable offers will be considered.

Invest in your future with this exceptional property. Contact us now to arrange a viewing and secure this investor's dream!

Property Type
House
Bedrooms
5
Bathrooms
2
Stand Size
1,665m²
Building Size
250m²
Living Area
2
Garages
2
Open Parking
8
Rates & Taxes
R930
Flatlet
Yes
Uncovered Parking
Yes
Garden
Yes
Reference
2187506
Grade
C2
Property history
Listed for sale at R1,290,000
10 Sep 2023
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Durban situated on the East Coast of South Africa is home to an eclectic mix of cultures. The term “rainbow nation” is nowhere more evident than it is here.
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