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R 2 950 000

8 Bedroom House for Sale in Glen Hills

Glen Hills, Durban North
  • Bedrooms 8
  • Bathrooms 6
  • Garages 5
Rental Income Spinner Potential of Approximately R 595 000 per annum

Affordable Student Furnished Accommodation set in the leafy suburb of Glen Hills, with swimming pool and entertainment area. The home currently accommodates nine students with further potential to accommodate a further four to five students by renovating and converting the massive private outside garden cottage into extra accommodation into an 8th accommodation space. Unlimited Wi-Fi and furnished communal areas with good security CCTV monitoring.

• • 5 x single-occupancy rooms, PLUS 2 x shared double-occupancy rooms.

• • 3 x Communal bathrooms PLUS 3 x rooms en-suite.

• • Maxidor on all windows and doors

• • Ample Parking

Short walking distance to AFDA Durban Campus, of which The Residence has become the preferred student accommodation for AFDA Durban and is recommended by the AFDA Administration Department whenever enrolling students request local...

Affordable Student Furnished Accommodation set in the leafy suburb of Glen Hills, with swimming pool and entertainment area. The home currently accommodates nine students with further potential to accommodate a further four to five students by renovating and converting the massive private outside garden cottage into extra accommodation into an 8th accommodation space. Unlimited Wi-Fi and furnished communal areas with good security CCTV monitoring.

• • 5 x single-occupancy rooms, PLUS 2 x shared double-occupancy rooms.

• • 3 x Communal bathrooms PLUS 3 x rooms en-suite.

• • Maxidor on all windows and doors

• • Ample Parking

Short walking distance to AFDA Durban Campus, of which The Residence has become the preferred student accommodation for AFDA Durban and is recommended by the AFDA Administration Department whenever enrolling students request local accommodation.

The Residence has proved to be successfully run and managed remotely with very little on-property time needed. All maintenance services (Garden, pool, and cleaning) are done on a weekly basis, and do not require immediate oversight, as bi-monthly inspections are more than adequate along with the CCTV monitoring.

Currently generating a gross annual income plus which could total as much as R 595 000 per annum.

G GAVIN PROPERTIES (PTY) LTD trading as RE/MAX Panache (North Durban) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Bedrooms Bedrooms: 8
Bathrooms Bathrooms: 6
Parking Parking: 5
Pet Friendly Pet Friendly
Furnished Furnished
Pool Pool
Garden Garden
Listing number: P24-115282120, Image number: 1
Listing number: P24-115282120, Image number: 2
Listing number: P24-115282120, Image number: 3
Listing number: P24-115282120, Image number: 4
Listing number: P24-115282120, Image number: 5
Property Overview
Listing Number
115282120
Type of Property
House
Description
Freestanding
Lifestyle
Aquatic Activities, Suburban, Student Accommodation
Listing Date
28 November 2024
Rates and Taxes
R 2 499
Pets Allowed
Yes
Furnished
Yes
Bedrooms
8
Bathrooms
6
Kitchens
2
Lounge
2 Lounges
Braai Rooms
1
Rooms
Patio
Parking
5
Garden
Yes
Pool
Yes
Wheelchair Accessible
No
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