6 Bed House in Umbilo
ACCREDITED NSFAS and UKZN STUDENT ACCOMODATION
Prime Investment Opportunity Accredited NSFAS andamp 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 propertys 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 andamp 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
- Listing number T4888402
- Property type House
- Listing date 2 Dec 2024
- Land size 619 m²
- Rates and taxes R 1 222
Property features
- Bedrooms 6
- Bathrooms 3
- En-suite 1
- Lounges 1
- Dining areas 1
- Garage parking 2
- Access gate
- Fenced
- Laundry
- Pool
- Scenic view
- Staff quarters
- Storage
- Kitchen
- Garden
- Family TV room
- Paving
- Guest toilet