15 Bedroom House in Reservoir Hills
Prime Investment Property with Multiple Income-Generating Units & Development Potential Near UKZN Westville For Student Accommodation
Discover an exceptional investment opportunity with endless potential! This expansive property is perfectly suited for development into student accommodation, rental flats, duplex units, or a residential complex. Offering multiple income-generating units and ample parking, this property is ideal for investors looking to expand their portfolio or developers seeking their next project.
Conveniently located within walking distance to taxi and bus routes, the property is also close to shopping malls, doctors surgeries, clinics, primary and high schools, shops, and University of KwaZulu-Natal Westville. Easy access to the M19 and N2 highways further enhances the property''s appeal for tenants and future development.
The main residence features a spacious lounge with air conditioning, a dining room, a fully fitted kitchen with hob and oven, a prayer room, convenient under-stair storage, bathroom with shower and three bedrooms with built-in cupboards. The main bedroom boasts a walk-in closet, ensuite bathroom with a shower.
In addition to the main home, the property includes 9 versatile flatlets, offering excellent rental income potential:
Flatlet 1 2 bedrooms, lounge, kitchen with cupboards, bathroom with tub
Flatlet 2 Large open-plan room with kitchen, access to communal bathroom
Flatlet 3 Spacious room that can be divided into 2 bedrooms, kitchen with cupboards, bathroom with tub
Flatlet 4 Generously sized unit with entrance veranda, lounge, dining room, prayer room, kitchen, bathroom with shower, storage room, and 2 bedrooms
Flatlet 5 Comfortable 2-bedroom unit with built-in cupboards, lounge, kitchen, and bathroom with shower
Flatlets 6, 7 & 8 Single-room units with access to communal bathroom facilities
Flatlet 9 Bedroom, kitchen, and communal bathroom access
Additional features include:
Communal bathroom facilities
Storage room
Shed used as a flatlet
Communal toilet
10 parking spaces
Whether you are looking to create a thriving student accommodation business, expand your rental portfolio, or redevelop into a larger residential project, this property offers incredible versatility and value in a highly accessible location. A rare opportunity not to be missed
Call Kajal now to view !!!
Property details
- Listing number T5497631
- Property type House
- Listing date 25 May 2026
- Land size 7 876 m²
- Floor size 431 m²
- Rates and taxes R 610
Property features
- Bedrooms 15
- Bathrooms 5
- En-suite 2
- Lounges 4
- Dining areas 2
- Garage parking 2
- Storeys 1
- Flatlets
- Pet friendly
- Access gate
- Balcony
- Built in cupboards
- Fenced
- Laundry
- Patio
- Scenic view
- Security post
- Staff quarters
- Storage
- Study
- Walk in closet
- Wheel chair friendly
- Entrance hall
- Kitchen
- Garden
- Scullery
- Garden cottage
- Pantry
- Family TV room
- Paving
- Guest toilet
- Built In braai