Become aproperty tycoon in your own back yard.
Interesting opportunities like this only come around every once in a while. You and your family can live in the 3 bedroom main house. The house has modern finishes and generous proportions for the family.
Behind the main house but offering adequate privacy to the owner are 4 income bearing 1 bedroom granny cottages each with their own open plan kitchen, lounge and dining area. These cottages can easily be rented out for up to R5800 per month. As investment property a return on investment of only 8% will give this portion of the investment a value of R3 480 000. Fully secure this is an opportunity not to be missed.
Mount Edgecombe, Mount Edgecombe
Mount Edgecombe is one of Durban’s largest and most renowned suburbs in uMhlanga. It is best known for beautiful; gated estates, golf courses, resorts, and premium facilities and amenities.
Attracting professionals from a higher income level, it is seated in a prime location between Ballito, which lies 35-minutes away (40.4 km) and just 25-minutes (19.7 km) from Durban. This central locality allows...
Get Email Alerts
Sign-up and receive Property Email Alerts of Houses for sale in Mount Edgecombe, Mount Edgecombe.
Disclaimer: While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty 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.
Click & Drag