- 6
- 3
- 2
- 619 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 1222.00
Property description
Prime Investment Opportunity Accredited NSFAS & UKZN Property in Umbilo @ R 1 850 000
This strategically located property in Umbilo presents an exceptional investment opportunity, currently operating as an NSFAS- and UKZN-accredited student accommodation.
With a reliable monthly rental income of approximately R26,000, directly deposited to the owner, this property ensures steady cash flow.
Location Advantages
Situated just 10 minutes from Howard College and a mere 2 minutes from the UKZN Medical School, the property’s proximity to these institutions makes it highly appealing to students.
Property Features
5.5 spacious bedrooms, 2 bathrooms, 2 parking spaces, Large swimming pool – Ideal for leisure and relaxation
Separate granny cottage – Perfect for additional rental income or personal use
Endless Potential
Whether you wish to maintain the thriving student accommodation business or transform the property into a private family residence, the possibilities are endless.
Seize this opportunity to own a versatile property with excellent income potential in a prime location.
Minimum requirements for a Bond Pre - Qualification
TPN Credit Clear
South African ID
3 Months Payslips
3 Months Bank Statements
Proof of address
Foreigners & Non Residents – Call me for Criteria
Please WhatsApp for immediate response or email Nolene to enquire about availability and to view
REMAX ADDRESS OPERATES IN TERMS OF A FRANCHISE AGREEMENT WITH REMAX OF SOUTHERN AFRICA
Property Details
- 6 Bedrooms
- 3 Bathrooms
- 2 Garages
- 1 Ensuite
- 1 Lounges
- 1 Dining Area
Property Features
- Pool
- Staff Quarters
- Laundry
- Storage
- Fence
- Access Gate
- Scenic View
- Kitchen
- Guest Toilet
- Paving
- Garden
- Family TV Room
Video
| Bedrooms | 6 |
| Bathrooms | 3 |
| Garages | 2 |
| Erf Size | 619 m2 |
