Prime Property presents this expansive property, offering an exceptional investment opportunity perfectly suited for student accommodation.
Reservoir Hills is a well-established and sought-after suburb in Durban, known for its elevated position offering scenic views and a peaceful residential atmosphere. The area is particularly popular among students and young professionals due to its close proximity to major educational institutions, including the University of KwaZulu-Natal.
Residents benefit from convenient access to essential amenities such as shopping centres, schools, healthcare facilities, and public transport routes. The suburb is also well-connected to key arterial roads, making commuting to Durban’s city centre and surrounding areas quick and efficient.
Price: R2 200 000 (ex. VAT).
Property features:
- Boasting 13 generously sized bedrooms and 5.5 bathrooms, the home is well-equipped to comfortably house up to 18 students, making it an ideal income-generating asset.
- The residence features 2 spacious lounges, providing ample communal living areas, along with a fully fitted kitchen and dedicated dining space designed for convenience and functionality.
- The layout supports both privacy and shared living, catering well to a student lifestyle.
- Upstairs: 7 bedrooms
- Downstairs: 6 bedrooms
- 1 Store room
Additional features include:
- A comprehensive CCTV security system.
- A reliable borehole water supply.
- An energy-efficient 10kW solar system, ensuring reduced utility costs and consistent service.
- The property also offers extensive land space, presenting excellent potential for future expansion or further development.
This is a rare opportunity to secure a high-capacity rental property in a sought-after area.
Please note: the home is offered furnished and is not pet-friendly.
Contact me to secure a viewing of this gem today!
Listed for sale at R2,200,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 79 listings in Durban (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 21,596 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
79 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 115 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Reservoir Hills is a well-established, primarily residential suburb offering a mix of housing options and convenient access to amenities, making it a desirable location for families and professionals.
* Distances and amenities are approximate.