Purpose Investment Opportunity | Reservoir Hills
This income-generating property is ideally located in a quiet cul-de-sac in Alek Close, Reservoir Hills, offering strong rental or student accommodation potential while still suitable for owner occupation.
The property comprises three separate income-producing units, all with independent utilities, making it an excellent addition to any property investment portfolio.
Main House (Owner Occupied or Rental)
• 3 bedrooms with built-in cupboards
• Main bedroom with en-suite
• Family bathroom with separate toilet
• Lounge and dining area
• Fully fitted kitchen
Granny Flat 1
• 1 spacious bedroom
• Open-plan lounge
• Bathroom
• Own geyser
• Prepaid electricity meter
• Estimated rental income: ± R3,000 p.m.
Granny Flat 2
• Large open-plan lounge and dining area
• Kitchenette
• Spacious bedroom with built-in cupboards
• En-suite bathroom
• Own geyser
• Prepaid electricity meter
• Estimated rental income: ± R4,000 p.m.
Additional Investment Features
• Potential gross rental income from flats: ± R7,000 p.m. (excluding main house)
• Garage parking for up to 4 vehicles
• Alarm system with monitoring
• Swimming pool (currently empty – low maintenance option)
• Ideal for student accommodation, extended family living, or multi-tenanted rentals
This property offers flexibility, strong income potential, and long-term capital growth in a well-established area.
The property comprises three separate income-producing units, all with independent utilities, making it an excellent addition to any property investment portfolio.
Main House (Owner Occupied or Rental)
• 3 bedrooms with built-in cupboards
• Main bedroom with en-suite
• Family bathroom with separate toilet
• Lounge and dining area
• Fully fitted kitchen
Granny Flat 1
• 1 spacious bedroom
• Open-plan lounge
• Bathroom
• Own geyser
• Prepaid electricity meter
• Estimated rental income: ± R3,000 p.m.
Granny Flat 2
• Large open-plan lounge and dining area
• Kitchenette
• Spacious bedroom with built-in cupboards
• En-suite bathroom
• Own geyser
• Prepaid electricity meter
• Estimated rental income: ± R4,000 p.m.
Additional Investment Features
• Potential gross rental income from flats: ± R7,000 p.m. (excluding main house)
• Garage parking for up to 4 vehicles
• Alarm system with monitoring
• Swimming pool (currently empty – low maintenance option)
• Ideal for student accommodation, extended family living, or multi-tenanted rentals
This property offers flexibility, strong income potential, and long-term capital growth in a well-established area.
Monthly Rates
R1,200
Features
Interior
Exterior
Sizes
Listing Info
Reservoir Hills, Durban
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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.
