6 Bed House in Cato Manor

297 queen elizabeth avenue

6 4 3 997 m²

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.

Property details

  • Listing number T4332285
  • Property type House
  • Erf size 997 m²
  • Rates and taxes R 2 151

Property features

  • Bedrooms 6
  • Bathrooms 4
  • En-suite 2
  • Lounges 2
  • Dining Areas 1
  • Garages 2
  • Open Parkings 3
  • Staff Quarters
  • Storage
  • Study
  • Entrance Hall

Photo gallery

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