This property is completely level and all buildings are single storey, comprising of 3 separate buildings. All in excellent state of repair with tenants eager to extend leases.
1. Building 1 - Includes a renovated 3 bed 2 bath main home with Oregon floors, high ceilings, lovely pool, patio and gas fitted kitchen PLUS an adjacent 2 bed flat partitioned via a dry-walled doorway. Easy conversion to 5 bed, 2 lounge, 3 bath, study, main house if needed.
2., Building 2 - Incorporates a 1-bed flat with garage and own garden and a 45 sq m Studio flat. The garage can be included in either for added space.
3. Building 3 - is currently a 3 bed flat with own garden.
All flats have their own electricity meters, gas geysers and allocated undercover parking, with a current income of R23,500 p.m [all on monthly tenancy]. excluding the main house, with potential total rental income of R38,000 p.m.
The property is set on an acre of land opposite the Primary School, Old Age ome and close to shops and freeway. Be quick for this super investment.
Kloof lies some 25 kilometres from Durban - a leafy and green village perched 550 metres above sea level with a reputation for a tranquil lifestyle that offers a retreat from the sometimes over baring humidity of the city of Durban.
Purchase a property in Kloof which is one of the most attractive residential areas in the hills that lie above Durban. It virtually borders on the Krantzkloof Nature Reserve...
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