- 6
- 3
- 2
- 619 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondMun. 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 |
