R1,699,000

R1,699,000

3 Bedroom Freestanding For Sale in Reservoir Hills
3
Bedrooms
2
Bathrooms
2
Garages
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Great investment opportunity in Reservoir Hills

Web Ref. RL8980
Land size 825.00 m²
Floor size 126.00 m²
Monthly Bond Repayment
R17,248.73
Legacy Real Estate Presents this INVESTMENT OPPORTUNITY IN RESERVOIR HILLS!

Earn rental income from THREE separate living spaces!

Are you looking for a property with excellent income-generating potential? This versatile 5-bedroom property in the heart of Reservoir Hills is an opportunity you don't want to miss!

Ideally suited for investors, student accommodation or multi-tenant rentals, this property offers a main house plus two separate flatlets, giving you the potential to earn income from multiple tenants.

MAIN HOUSE :
3 spacious bedrooms, including a main en-suite with shower.
Air conditioners and fans.
2 bathrooms plus 2 toilets.
Fully fitted kitchen with built-in cupboards, electric stove, oven and extractor.
Open-plan lounge and dining area.
Metered electricity and water.
Separate geysers in all units .

FLATLET 1 – BACHELOR UNIT .

Current rental income: R4,500 per month.
Bedroom.
Kitchenette.
Toilet and shower.
Prepaid electricity and water.
Separate geyser.

FLATLET 2 –

ONE-BEDROOM UNIT 💰 Current rental income: R5,500 per month
Bedroom.
Lounge and dining room.
Kitchenette with built-in cupboards.
Bathroom and separate toilet.
Prepaid electricity and water.
Separate geyser.

ADDITIONAL FEATURES :

Fully fenced for privacy and security.
Spacious double Tangent garage.
Three separate geysers, ideal for multi-unit occupancy.
Conveniently located near Durban's universities and major transport routes.

EXISTING RENTAL INCOME: R10,000 PER MONTH!
That's R120,000 per year in rental income from the two flatlets alone, excluding any potential income from the main house.
Whether you're looking to expand your property portfolio, accommodate students or generate additional rental income, this property offers exciting possibilities.

Don't miss out on this fantastic investment opportunity! Call us today to shedule a viewing !!!!!!!1
Monthly Rates R862

Features

Interior
3 Bedrooms
2 Bathrooms
1 Kitchen
1 Lounge
1 Dining Room
Exterior
2 Garages
5 Parkings (Secure Parking)
2 Flatlets
Pet Friendly
Security
Scenery / Views
Sizes
Land Size 825 m²
Floor Size 126 m²
Listing Info
Date Listed 26-10-26
Time Listed 08:48

Disclaimer

While every effort will be made to ensure that the information contained within the Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.