Developer's Dream: Prime Investment Opportunity in Clare Hills

Description

This isn't just a house; it's a turnkey investment waiting to be maximized in the bustling Durban suburb of Clare Hills. Perfectly situated for a high-yield student accommodation or shared rental property, this sprawling triple-story residence offers an unmatched combination of space, location, and potential. With the University of KwaZulu-Natal (UKZN), Durban University of Technology (DUT), Springfield College, UNISA and other higher education institutions nearby, the demand for quality student housing in this area is consistently high. This property is already structured to meet that demand, offering a layout that is both practical and profitable. Property Highlights: 11 generously sized bedrooms, with several leading to a private balcony—ideal for creating appealing, premium units. 8 bathrooms to ensure convenience and privacy for every tenant. 3 kitchens with beautiful wooden built-in cupboards, allowing you to easily section the property into multiple living spaces. 2 dining rooms and a spacious lounge that can be converted into communal areas or additional rental rooms. Robust infrastructure including 2 Jojo tanks for consistent water supply and a security room with a camera system for peace of mind. Additional parking with a garage and additional outdoor space, a key selling point for tenants. A dedicated braai area perfect for creating a community atmosphere and a valuable shared amenity. A store room in the basement for extra storage or potential conversion. This property is a rare find, offering the scale and features necessary to generate a significant return on investment. The existing structure minimizes initial development costs, allowing you to focus on creating a desirable living space that will attract a steady stream of tenants. Don't miss out on this exceptional opportunity to own a piece of Durban's lucrative rental market. Contact us today to arrange a viewing and unlock the full potential of this incredible property.

Features

CCTV Camera

Yes

Backup Water

Yes

Balcony Room

Yes

Built in Wardrobes

Yes

Communal Braai Area

Yes

Bath, Toilet and Basin

Yes

Balcony

Yes

Domestic Bathroom Bathroom

Yes

Carport

Yes

Water Tank

Yes