SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS
Tour here

R3,495,000

70 Springside Road

Monthly Bond Repayment R37,875.56
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter

Monthly Rates
R1,800

Exceptional Investment Opportunity in Prime Location!

Welcome to this remarkable property that stands as a testament to both smart design and lucrative potential. Situated in a sought-after location, this real estate gem offers an impressive rental income of R40,500 per month, making it an irresistible prospect for both seasoned investors and families looking to consolidate their living arrangements.


The main residence has been cleverly divided into two distinct parts, catering to different preferences and lifestyles. On one side, discover a spacious and inviting 3-bedroom, 2-bathroom haven, providing ample room for a growing family or those who value extra space. The thoughtful layout ensures privacy and comfort for each resident. On the opposite side awaits a charming 2-bedroom, 2-bathroom home, exuding a cozy ambiance perfect for a smaller family or individuals seeking a more intimate living space. The kitchen is beautifully remodelled with quartz counter tops and a large scullery and walk in pantry. The bathrooms have also been tastefully upgraded The attention to detail in both sections of the main home showcases the property's commitment to offering versatile and comfortable living options. There is a large undercover veranda which has been split with aluminium glass stack doors, dividing the space and on then one side is a built in gas braai and on the other side a jacuzzi for those warm summer days. Adding to the allure of this investment is the inclusion of two one-bedroom studio flatlets, providing an excellent opportunity for additional rental income. These well-designed spaces offer privacy and independence for tenants, making them an attractive prospect for those seeking standalone accommodations. Whether you're an astute investor looking to maximize returns or a family contemplating consolidation, this property caters to both needs seamlessly. The substantial monthly rental income ensures a robust return on investment, while the well-thought-out living spaces make it an ideal residence for those seeking a comfortable and adaptable home. Come and explore the key features of this property which include, a Massive rental income of R40,500 per month, a Main home cleverly divided into a 3-bedroom, 2-bathroom section, and a 2-bedroom, 2-bathroom section. Two additional one-bedroom studio flatlets for supplementary income. Versatile living spaces designed for privacy and comfort set in a Prime location ON Springside road close to all shops and amenities and walking distance from Hillcrest High School. This superior property offers convenience and desirability. Don't miss out on this golden opportunity to secure a property that combines financial success with thoughtful design. Whether you're an investor or a family looking to make a wise move, this is the real estate opportunity you've been waiting for! Contact me Cara Ridl, property expert TODAY to schedule a viewing and explore the full potential of this outstanding property.

Features

7
6
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
6
Kitchens
4
Reception Rooms
8
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
2
Sizes
Floor Size
316m²
Land Size
2,317m²
Extras
24 Hour Access • 24 Hour Response • Air Conditioner • Awning • Garden • Gas Hob • Gas Oven • Granite Tops • Scullery • Shared Living • Sliding Doors • Breakfast Nook • Built In Braai • Built in Wardrobes • Centre Island • Cooling Fans • Jacuzzi • Special Lights • Curtain Rails • Dishwasher Connection • Driveway • Pantry • Tiled Floors • Totally Fenced • Veranda • Washing Machine Connection • Electric Gate • Fan • Covered Patio

Hillcrest Central, Hillcrest

Hillcrest is part of the outer west suburbs of Durban and has evolved from a small village into a large booming suburb. The area boasts beautiful free-standing homes and some of the most prestigious security estates that the Upper Highway area has to offer. Property here is becoming increasingly popular with discerning buyers who want access to a host of services, activities and excellent schooling. Hillcrest is...
More Info

In the news

Shopping with convenience: Amenities and services at Watercrest Mall
In the bustling world we live in today, convenience is key. We all appreciate having everything we need under one roof, where we can easily find what we're looking for and enjoy a seamless shopping experience. Watercrest Mall,...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Houses for sale in Hillcrest Central, Hillcrest.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff 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.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

37,875.56

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.