R2,900,000

R2,900,000

8 Bedroom House For Sale in Sparks Estate
8
Bedrooms
5
Bathrooms
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CORNER RESIDENTIAL PROPERTY - GREAT INVESTMENT POTENTIAL - CAN ACCOMMODATE 4 FAMILIES OR 15 STUDENTS

Web Ref. TPR33467
Land size 886.00 m²
Floor size 350.00 m²
Monthly Bond Repayment
R28,953.01
Four-Unit Residential Investment – Exceptional Income-Generating Opportunity

Unlock the potential of this outstanding double-storey investment property, thoughtfully divided into four self-contained residential units, making it an ideal choice for investors seeking strong rental returns.

The property offers a total of 8 bedrooms, 4 kitchens, 4 lounges, and 5 bathrooms, providing comfortable accommodation for multiple tenants. Secure open parking is available within locked gates, offering convenience and peace of mind.

This versatile property presents multiple income-generating opportunities. Continue operating it as four separate rental units, or convert it into student accommodation with the potential to accommodate approximately 15 students, creating an attractive yield in a high-demand rental market.

Positioned on a prominent corner stand and zoned Special Residential 400, the property offers excellent accessibility and future potential. The building is structurally sound and in good overall condition, requiring only a little tender loving care and cosmetic updating to maximise its value and rental appeal.

Property Features:
Double-storey investment property
Four self-contained residential units
8 bedrooms
4 lounges
4 kitchens
5 bathrooms
Secure open parking behind locked gates
Corner property with excellent exposure
Zoned Special Residential 400
Ideal for long-term rentals or student accommodation
Potential accommodation for approximately 15 students
Excellent income-generating opportunity
Well-maintained structure with scope to add further value

Whether you are an experienced investor looking to expand your portfolio or a buyer seeking a property with multiple income streams, this is an opportunity not to be missed.
Monthly Rates R3,274.07

Features

Interior
8 Bedrooms
5 Bathrooms
4 Kitchens
4 Lounges
4 Dining Rooms
Exterior
8 Parkings (Secure Parking)
Pet Friendly
Security
Sizes
Land Size 886 m²
Floor Size 350 m²
Listing Info
Date Listed 03-08-26

Sparks Estate, Durban

Google map for 8 Bedroom House For Sale in Sparks Estate

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.