8 Bedroom House in Reservoir Hills

28 Alek Close, Reservoir Hills, Durban, KZN

Ideal for Student Accommodation | Income-Generating | Spacious & Well-Positioned

This versatile 8-bedroom residence in the heart of Reservoir Hills is a golden investment opportunity for those looking to tap into the thriving student rental market. Strategically located near Durban universities and major transport routes, this property offers space, privacy, and functionality tailor-made for student housing or multi-tenant letting.

Main Building:

4 spacious bedrooms (main en-suite with shower)

2 additional bathrooms + 2 toilets

Fully fitted kitchen with built-in cupboards & electric stove

Open-plan lounge and dining area

Balcony with scenic views

Wooden flooring in bedrooms, tiled kitchen & balcony

Flatlet 1 (Private Entrance):

2 bedrooms

Lounge

Fully fitted kitchen with electric stove & BICs

Bathroom with shower

Tiled & wooden flooring

Flatlet 2 (Private Entrance):

2 bedrooms

Lounge

Kitchenette with BICs

Bathroom & separate toilet

Neat finishes

Domestic Accommodation:

1 bedroom

Shower & toilet

Additional Features:

Fully fenced for privacy and security

Two double garages + one carport

Three geysers (ideal for multi-unit occupancy)

Durable wooden and tiled flooring throughout

Ideal layout for student rental or extended family

INVESTMENT STORY:

Positioned just minutes from major universities (UKZN Westville & Howard Campus), this property ticks all the boxes for high-yield rental potential. With 8 bedrooms, 3 kitchens, multiple lounges, and ample parking this property can comfortably accommodate 1012 students, each with private or semi-private living spaces.

Flatlets provide the option to rent separately or together, and the domestic unit can serve as caretakers accommodation or an additional rental unit.

With minimal adjustments, this home becomes a turnkey student housing solution, offering excellent ROI potential in an area with constant demand from the academic sector.

Investment Potential:

Estimated rental income: R30,000 R35,000/month

Student housing, Airbnb, or long-term lease options

Strong rental demand in Reservoir Hills area

Low-maintenance finishes and layout

Contact now to book a viewing and secure this income-generating gem!