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Hilton, Hilton, Hilton, KwaZulu-Natal
R 5 000 000
Income-Generating Property in Hilton . This exceptional income-generating property, nestled in the highly sought-after area of Hilton, presents a rare opportunity for both investors and extended families. Situated on a generous plot, this property offers a tranquil and established garden setting, perfect for those seeking a peaceful lifestyle.Prime Location and Rental PotentialIdeally located within walking distance to several of Hiltons prime schools, this property is perfectly positioned for long-term rentals, short-term accommodation, or extended family living. With five dwellings currently occupied by secure tenants, it boasts excellent rental appeal.Diverse Accommodation OptionsThe property includes:1.Three two-bedroom apartments2.One one-bedroom cottage3.A freestanding two-bedroom cottage with its own private entrance, providing added privacy and flexibility for rental or owner-occupier use.Amenities and FeaturesSurrounded by a beautifully established garden, tenants and guests can enjoy:1.A swimming pool2.Communal laundry area3.Additional storage roomEach unit is equipped with prepaid electricity, and water usage is efficiently managed through a prepaid main meter with individual sub-meters for each dwelling.Ample ParkingParking needs are well catered for with:1.A three-car carport2.A two-car carport3.A separate single carport allocated to the freestanding cottageInvestment PotentialThe freestanding cottage, located at the top of the property with its own entrance, enhances the overall versatility and value. There is exciting potential to expand existing income streams by converting the property into a boutique bed and breakfast, guesthouse, or Airbnb-style accommodation, capitalizing on Hiltons strong demand for short-term stays.Further opportunities may include sectional title conversion, adding additional units, or subdivision, subject to necessary approvals.ConclusionThis outstanding investment opportunity in one of Hiltons most desirable locations offers multiple income streams, strong rental demand, and exceptional long-term investment potential. Don''t miss outcontact us today to arrange a viewing and explore the possibilities. Show more Show less
Estimated monthly repayment
R 47 217
on a R 4 500 000 bond over 20 years at 11.25%
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Hilton, Hilton, Hilton, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Listed by
Anika Swanepoel
Unclaimed listing — claim it to verify
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