This income generating home has multiple flatlets that can be rented out for around R40 000.00 or repurposed as student accommodation fetching much more. It can even be used as a very large family home with swings for the kids. Using a little imagination, the sky is the limit.
The 3000 square meter property consists of the following:
The main house has a solar geyser. It consists of 3 bedrooms, two bathrooms, a spacious kitchen with plenty of cupboard space and a scullery. The sunken lounge has high wooden beams and show cases a striking functional fireplace. The dining room flows from the lounge and opens onto a verandah where you can enjoy your evening cocktails overlooking the pool and enjoy the sound of the birdlife in the trees.
There are 3 flatlets below the main home, 2x 1-bedroom open plan with bathroom and kitchenette and 1x 1bedroom open plan with shower in bathroom. The storeroom adjacent to these flatlets can be utilized as a man cave or even a gym.
There are 2 garden cottages leading onto the pool. They each have 2 bedrooms, 1 bathroom and an open plan living area. There is also another 1-bedroom flatlet adjacent to the cottages which has an open plan living area and a shower in the bathroom. This spacious home can easily park 10+ vehicles.
The city of Durban is rich in culture, warmth and personality. The view of the city skyline with the iconic Moses Mabhida Stadium arch rising from the bay on a crisp blue afternoon is breathtaking. There are miles of gorgeous beaches and vegetation-dense inland hills rising behind the city borders, when the need to get out and explore beckons. This raw beauty has guaranteed that Durban has and always will be a...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
