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For SaleHouse

5 Bedroom House For Sale in Reservoir Hills

5 bedrooms 3 bathrooms 822

Description

PROPERTY OVERVIEW: This versatile 5-bedroom residence in the heart of Reservoir Hills is a golden investment opportunity for those looking to tap into the thriving student rental market. Strategically located near Durban universities and major transport routes, this property offers space, privacy, and functionality — tailor-made for student housing or multi-tenant letting. Main Building: • 3 spacious bedrooms (main en-suite with shower) ,with air conditioners and fans. • 2 bathrooms + 2 toilets • Fully fitted kitchen with built-in cupboards & electric stove , oven & extractor. • Open-plan lounge and dining area • Rooms are tilled • Metered Electricity & Water • Separate Geyser Flatlet 1: Bachelor ( Rental income -R4500) • Bedroom • Kitchenette • Toilet & shower • Prepaid Electricity & Water • Separate Geyser Flatlet 2 (Rental income-R5500): • bedroom • Lounge • Dining room • Kitchenette with BICs • Bathroom & separate toilet • Prepaid Electricity & Water • Separate Geyser Additional Features • Fully fenced for privacy and security • Spacious double Garage • Three geysers (ideal for multi-unit occupancy) • Ideal layout for student accommodation, rental or extended family INVESTMENT STORY: Positioned just minutes from major universities (UKZN Westville Campus), this property ticks all the boxes for high-yield rental potential. This property can comfortably accommodate 10-12 students, each with private or semi-private living spaces. Flatlets provide the option to rent separately or together. With minimal adjustments, this home becomes a turnkey student housing solution, offering excellent ROI potential in an area with constant demand from the academic sector. Investment Potential: • Estimated rental income:+- R20 000.00/month • Student housing, Airbnb, or long-term lease options • Strong rental demand in Reservoir Hills Contact now to book a viewing and secure this income-generating gem!