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R3,600,000

Monthly Bond Repayment R38,391.47
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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10 Bedroom House with Dual Housing - Student Accommodation - Glenwood

**Spacious 10-Bedroom Property with Dual Housing and Potential for Student Accommodation**


Discover a unique investment opportunity in the heart of King Dinizulu Road, perfectly situated near DUT and UKZN. This expansive property features a main house and a second house, ideal for various uses, including Airbnb and student accommodation.


**Main House:**
- 4 spacious bedrooms
- 2 bathrooms
- 2 lounges
- Beautiful wooden flooring


**Second House:**
- 6 additional bedrooms
- 2 bathrooms
- Potential for flexible use


**Property Highlights:**
- Undercover parking and double garage
- Inviting swimming pool
- Total area: 140 square meters for office space and 240 square meters for the main house
- Approved plans and a demolition order for 7 flats, totaling 980 square meters floor area
- Plans can be reconfigured for student accommodation, pending final approval by the municipality


This property offers immense potential for investors looking to capitalize on the growing demand for student accommodation or diversify into the short-term rental market. Don't miss out on this prime location and versatile space—schedule a viewing today to explore the possibilities!

Features

10
4
2
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
4
Kitchens
2
Reception Rooms
3
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Pool
Yes
Sizes
Floor Size
858m²
Extras
Garage • Near Schools • Near Shopping Mall • City Center • Near University/Campus • Alarm System • Balcony • Fibre • Near Public Transportation • 2 Car Garage • Stone • Common Areas • Kitchen - Extra • Near Hospital • Covered Parking • Air Conditioning Unit • Water - Tank • Security - System
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

38,391.47

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