AUCT-002252 | On Auction

Investment Property near UKZN Westville Campus Durban on Auction

88 Palmiet Road, Palmiet, eThekwini Metropolitan Municipality, KwaZulu-Natal

Large 5 Bedroom Home with 3 Flatlets. 88 Palmiet Road, Reservoir Hills, Durban

5 Bedrooms (3 ensuite) | 4 Bathrooms | 2 Garages | Large kitchen | Spacious lounge and dining room | Bar area | 3 Self-contained flatlets | Generously sized garden with parking for 15 cars | Extent: ± 2 890 m² | Close to UKZN Westville Campus and Westwood Mall


Discover a great investment opportunity in Reservoir Hills with this spacious 5-bedroom, 4-bathroom home, perfect for a rental pool. Located close to UKZN Westville campus, this property is ideally situated for students seeking convenience and comfort. In addition to the main house, there is a 2-bedroom flatlet and two 1-bedroom flatlets, significantly boosting rental income. The generously sized rooms, bathrooms, kitchen, and lounge ensure a comfortable living experience, while the upstairs bar area provides a great space for entertaining guests.

Property Features:

• 5 Bedrooms
• 4 Bathrooms (3 ensuite)
• Spacious Lounge and Bar areas
• Generously sized kitchen
• Double Garage
• 1 x 2 Bedroom Flatlet
• 2 x 1 Bedroom Flatlets
• Ample parking space
• Close to UKZN Westville Campus.
• Close to Westwood Mall.

With ample room to expand and parking space for at least 15 cars, this property could be a lucrative addition to the student rental market.

Residential Type:
House
Web Reference:
AUCT-002252
List price:
POA
Address:
88 Palmiet Road, Palmiet, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Umhlanga Ridge

Auction Date:
04 July 2024 11:00 am



Auctioneer:
Online Auction
Auction Terms and Conditions:
R 10,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 04 July 2024 11:00:00am


Gareth Vermaak
                                                         In2assets Representative

Property Agent


Gareth Vermaak
Show number
gareth@in2assets.com


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