House for sale in Atholl Heights, Durban, KwaZulu Natal

R 2,000,000

Can I afford this?
5 months ago57 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):300
Description
Investment Opportunity To Own A Multifamily Residence of 4 Units in Atholl Heights.

Located in the Atholl Heights area, this magnificent multifamily residence offers a remarkable opportunity for both homeowners and investors alike. With a correctly appraised selling price, this property is an investor’s delight, and even for a first-time buyer.

The property consists of 4 units as follows:

Unit 1 - 3 Bedrooms with Ensuite
The first unit of this multifamily home comprises three bedrooms, with the main bedroom featuring an ensuite bathroom. Each room is adorned with built-in cupboards, ensuring ample storage space for all your needs. This unit also includes a lounge, dining area, and a dedicated office space, offering versatility and comfort living.

Unit 2 - 2 Bedrooms with Covered Parking:
The second unit features two good sized bedrooms, complemented by an open-plan kitchen and fitted cupboards.

Separate Entrance Unit - 2 Bedrooms
With its own separate entrance, this unit offers privacy and independence. Two bedrooms and fitted cupboards provide a living space for its occupants.

Unit 4 - 1 Bedroom
The fourth unit, a one-bedroom gem, is perfect for individuals seeking a comfortable and low-maintenance living space.

The property features open parking space for up to 5 cars, ensuring convenience for residents and guests.
A covered parking area provides additional protection for one vehicle.
The presence of a driveway enhances accessibility.
A well-maintained garden adds charm and tranquility to the surroundings.
A secure fence ensures privacy and safety.

An access gate provides security and controlled entry.

This multifamily residence offers a rare opportunity to live in one unit while generating rental income from the others, making it an ideal investment for those looking to maximize their property portfolio.

With its combination of space, functionality, and convenience, this property is a must-see.

Don't miss your chance to own this remarkable multifamily residence.

Contact Abigail today to schedule a viewing.

Rates And Taxes: 1893
Property Reference #: 6148995

Agent Details:
Abigail Mtero
Caritas Properties
1st Floor, Pharos House. 70, Buckingham Terrace
70 Buckingham Terrace
Westville
3629
Id Subtitle 1251966417
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Estimated monthly repaymentR 21,675
Total property loan amountR 2,000,000
Total interestR 3,201,794
Total repaymentR 5,201,794
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Caritas Properties
Selling for 1 year
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