R2,799,000
11
Bedrooms
8
Bathrooms
9
Parkings

Sthombe Madida
Candidate Property Practitioner
Seeff Queensburgh

Annette Botha
Candidate Property Practitioner
Seeff Queensburgh

Monthly Levy
R1
Special Levy
R1
Monthly Rates
R1,915
Total
R1,917
Developer's Dream: Prime Investment Opportunity in Clare Hills
Web Ref.
RLS988693
This isn't just a house; it's a turnkey investment waiting to be maximized in the bustling Durban suburb of Clare Hills. Perfectly situated for a high-yield student accommodation or shared rental property, this sprawling triple-story residence offers an unmatched combination of space, location, and potential.
With the University of KwaZulu-Natal (UKZN), Durban University of Technology (DUT), Springfield College, UNISA and other higher education institutions nearby, the demand for quality student housing in this area is consistently high. This property is already structured to meet that demand, offering a layout that is both practical and profitable.
Property Highlights:
11 generously sized bedrooms, with several leading to a private balcony—ideal for creating appealing, premium units.
8 bathrooms to ensure convenience and privacy for every tenant.
3 kitchens with beautiful wooden built-in cupboards, allowing you to easily section the property into multiple living spaces.
2 dining rooms and a spacious lounge that can be converted into communal areas or additional rental rooms.
Robust infrastructure including 2 Jojo tanks for consistent water supply and a security room with a camera system for peace of mind.
Additional parking with a garage and additional outdoor space, a key selling point for tenants.
A dedicated braai area perfect for creating a community atmosphere and a valuable shared amenity.
A store room in the basement for extra storage or potential conversion.
This property is a rare find, offering the scale and features necessary to generate a significant return on investment. The existing structure minimizes initial development costs, allowing you to focus on creating a desirable living space that will attract a steady stream of tenants.
Don't miss out on this exceptional opportunity to own a piece of Durban's lucrative rental market. Contact us today to arrange a viewing and unlock the full potential of this incredible property.
With the University of KwaZulu-Natal (UKZN), Durban University of Technology (DUT), Springfield College, UNISA and other higher education institutions nearby, the demand for quality student housing in this area is consistently high. This property is already structured to meet that demand, offering a layout that is both practical and profitable.
Property Highlights:
11 generously sized bedrooms, with several leading to a private balcony—ideal for creating appealing, premium units.
8 bathrooms to ensure convenience and privacy for every tenant.
3 kitchens with beautiful wooden built-in cupboards, allowing you to easily section the property into multiple living spaces.
2 dining rooms and a spacious lounge that can be converted into communal areas or additional rental rooms.
Robust infrastructure including 2 Jojo tanks for consistent water supply and a security room with a camera system for peace of mind.
Additional parking with a garage and additional outdoor space, a key selling point for tenants.
A dedicated braai area perfect for creating a community atmosphere and a valuable shared amenity.
A store room in the basement for extra storage or potential conversion.
This property is a rare find, offering the scale and features necessary to generate a significant return on investment. The existing structure minimizes initial development costs, allowing you to focus on creating a desirable living space that will attract a steady stream of tenants.
Don't miss out on this exceptional opportunity to own a piece of Durban's lucrative rental market. Contact us today to arrange a viewing and unlock the full potential of this incredible property.
Features
Interior
Exterior
Sustainability
Sizes
Additional Amenities
Durban Central, Durban
- Street map
- Street view
Monthly Repayment
R0,00
R0,00
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