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R1,795,000

R1,795,000

7 Bedroom House For Sale in Mount Vernon
7
Bedrooms
4
Bathrooms
Print

The property offers Exceptional Investment Opportunity with High Returns Potential

Web Ref. PTR1704
Land size 1078.00 m²
Floor size 288.00 m²
Monthly Bond Repayment
R18,527.78
This unique property presents a rare and profitable investment opportunity, featuring four separate living units. Three units are currently generating rental income, while the fourth is owner-occupied.

The property includes:

7 generously sized bedrooms
4 spacious lounges/dining areas
4 bathrooms
4 fully equipped kitchens

Currently producing a solid rental income of R14 000 per month, this property offers both immediate returns and significant potential for further enhancement. Some renovations are required, particularly regarding the roof, but the scope for expansion and modernization is immense.

Nestled on a large 1,078m² plot, the property provides abundant parking for up to 15 vehicles, ensuring maximum convenience for residents and tenants alike.

Spacious entertainment area located at the rear of the property, perfect for hosting gatherings and outdoor enjoyment.

A prime investment opportunity, this property is ideal for savvy investors looking to maximize rental income while securing long-term capital appreciation.
Monthly Rates R1,440

Features

Interior
7 Bedrooms
4 Bathrooms
4 Kitchens
4 Lounges
4 Dining Rooms
Exterior
15 Parkings (Secure Parking)
Pet Friendly
Scenery / Views
Sizes
Land Size 1,078 m²
Floor Size 288 m²
Listing Info
Date Listed 06-03-25
Time Listed 05:41

Mount Vernon, Durban

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