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 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 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
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