4 Bedroom House in Reservoir Hills

EXCEPTIONAL INVESTMENT OPPORTUNITY | 4-BEDROOM HOME WITH STUDENT ACCOMMODATION POTENTIAL | CLOSE TO UKZN WESTVILLE

If you are looking for a property that offers more than just a place to live, this is an opportunity worth serious consideration.

Situated on Umgudulu Road and conveniently located close to UKZN Westville Campus, this spacious 4-bedroom home offers an excellent foundation for an investor looking to tap into the student accommodation market.

The property''s generous floorplan, multiple bathrooms, two kitchens and extensive parking create an exciting opportunity to reconfigure and optimise the property for student accommodation. With the appropriate alterations and subject to municipal and other relevant approvals, additional rooms can potentially be created to increase occupancy and establish multiple rental streams from one property.

CURRENT PROPERTY FEATURES:

4 spacious bedrooms

4 bathrooms

3 bedrooms with en-suite bathrooms

2 kitchens

Spacious lounge

Separate dining room

Balcony

Large garage accommodating up to 4 vehicles

Additional storage space

5 air conditioners throughout the property

Well-maintained garden

Alarm system

CCTV surveillance

THE INVESTMENT POTENTIAL:

The real attraction of this property lies in its flexibility.

An investor could explore converting the existing home into a student accommodation setup designed around the needs of students attending UKZN Westville Campus. The current layout already provides several features that are desirable in student accommodation, including multiple bathrooms, two kitchens, generous communal areas, parking and security.

There is also potential to rethink the existing bedroom and living spaces to create additional accommodation, allowing the property to potentially house considerably more students than the current four-bedroom configuration.

Rather than relying on a single household rental, an appropriately designed student accommodation property can create multiple income-producing rooms under one roof. This makes the property particularly attractive to investors who are looking to maximise the rental potential of their property portfolio.

LOCATION, LOCATION, LOCATION:

Being close to UKZN Westville Campus gives this property a strategic advantage for an investor targeting the student market. Its location can provide convenient access to campus while placing the property within an established residential environment.

SECURITY and CONVENIENCE:

Security is well catered for with an alarm system and CCTV, while the large garage provides parking for up to four vehicles. The well-maintained garden, balcony and spacious interior further add to the property''s appeal.

WHY CONSIDER THIS PROPERTY

Close to UKZN Westville Campus

Strong student accommodation potential

Opportunity to create additional rooms, subject to approvals

Potential for multiple rental streams

4 bathrooms, including 3 en-suite

2 kitchens

4-car garage

5 air conditioners

CCTV and alarm security

Spacious and adaptable layout

Excellent opportunity to add value

This is not simply a 4-bedroom home - it is a property with the potential to be transformed into a high-occupancy student accommodation investment.

For an investor with the vision to renovate, reconfigure and maximise the available space, this property offers an exciting opportunity to create a substantial rental-producing asset in close proximity to UKZN Westville Campus.

Contact us today to arrange a viewing and see the potential for yourself.

CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.