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6 Bedroom House For Sale in Cato Manor

R2 299 000

Bedroom icon 6 4 2 997m2
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6 Bedroom House For Sale in Cato Manor

297 Queen Elizabeth Avenue

Bedroom icon 6 4 2 997m2

6 Bedroom House For Sale in Cato Manor

297 Queen Elizabeth, Avenue

R2 299 000

Monthly Bond Payment: R

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4 Bedroom icon 6 2 997m2

Features

  • Parking 3
  • Ensuite 2
  • Lounge 2
  • Dining Areas 1
  • Study
  • Staff Quarters
  • Has Storage
  • Entrance Hall

Description

Calling all investors to this excellent investment generating income

This property serves as student accommodation to the local university from mid-January to end- November, and during December to mid-January it serves as an Air BnB with an average rating of 4.6. This property currently generates R 33 000 PM in rental from student accommodation from the nearby university.

This is a must view for all companies with contract work or investor looking to invest in student accommodation. This super house is a hidden gem in Cato Manor boasts 6 bedrooms with beds, desks and cupboards in all units as well as shared bathrooms. There is an upstairs and downstairs kitchen for self catering. This house has a garden cottage to make a common area as well as space to park 4 cars plus double garage safely behind a well secured building.

All furniture is inclusive to the sale of this property. An on-site housekeeper is there to oversee the day-to-day running of the property.

Also this property offers: 

• 6 Bedrooms with 4 bathroom and built-in cupboards and en-suite

• Swimming pool

• Braai area

• Double garage

Close to all amenities and is just a 5 mins drive to the Pavillion Shopping Mall with easy access to freeways with a 5 minute walk to UKZN HOWARD COLLEGE and eThekwini College.

Call me for a private viewing.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 2,151

Property Details

Web Ref RXFO-10409
Property Type House
Erf Size 997m2
Bedrooms 6
Bathrooms 4
Garage 2

Contact Agent

Agent profile picture

Emmanuel Adegunloye

Full Status Property Practitioner

RE/MAX Address (Berea)

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Enquiry about property Ref:RXFO-10409

R2 299 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Emmanuel Adegunloye

Full Status Property Practitioner

RE/MAX Address (Berea)

MessageCall me back Whatsapp
Book a viewing

Contact Emmanuel Adegunloye

Agent profile picture

Emmanuel Adegunloye

Full Status Property Practitioner


RE/MAX Address (Berea)

Show number

Show number

Enquiry about property Ref:RXFO-10409