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Seaforth Avenue, Musgrave, Durban, KwaZulu-Natal
R 6 500 000
MUSGRAVE - INVESTOR'S DREAM - INCOME FROM DAY ONE An exceptional and rare opportunity in sought-after Musgrave. A versatile property offering luxurious family living PLUS a fully income-generating portfolio on one title. This free-standing property boasts secure parking for approximately 25 vehicles and mdash; almost impossible to find in Musgrave. Main Residence: 6 Large Bedrooms ALL En-Suite, Modern Kitchen, Spacious Lounge, Guest Toilet. Perfect for a large family or owner-occupier who wants privacy. Income Generating Units (11 Units): Block A: 4 x Single Rooms with En-Suite Bathrooms Block B: 1 x 2-Bedroom Apartments + 5 x 1-Bedroom Studio Apartments, all en-suited. TOTAL: 17 Lettable bedrooms on one property. Ideal for student accommodation (close to tertiary institutions and hospitals), young professionals, or corporate letting. With the Musgrave rental demand, this property can pay for itself.Priced to sell at R6 Million - Slightly Negotiable for a Cash Buyer. Viewing by appointment only. No chancers.
Estimated monthly repayment
R 61 381
on a R 5 850 000 bond over 20 years at 11.25%
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Seaforth Avenue, Musgrave, Durban, KwaZulu-Natal
Liivra AI market value
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Listed by
Dineo Mantanga
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