Athlone Park - MR429465

House in Athlone Park, Durban - South Coast, Kwa-Zulu Natal

R 5,480,000

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9
8
2
1040m2
1560m2
Athlone Park - MR429465
House in Athlone Park, Durban - South Coast, Kwa-Zulu Natal
R 5,480,000
9 Bedroom House for Sale For Sale in Athlone Park - MR429465
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9
8
2
1040m2
1560m2

Key Features

Rooms

  • 9 Bedrooms
  • 8 Bathrooms
  • Flatlet 2

Services

  • Rates and Taxes R2700

Kitchen

  • 4 Kitchen

Entertainment

  • Pool

Study

  • Study 2

Parking

  • 5 Car Port
  • 2 Garage

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Floor Area - 1040m2
  • Erf Size - 1560m2
  • Price per square floor meter - R5,269 per m2
  • Price per square erf meter - R3,513 per m2

MyRoof Stats

  • 486 Views
PID=429465 DID=453942 SID=1

This large home is in a prime position on Kingsway with lovely views from upstairs. The owners had a guesthouse in mind when they renovated this home. Instead it became a large home easily sub divisible into separate [hidden] are two ways to look at it:- For an investor seeking rental income from four units - the current configuration, which brings in around R45 000 / month- A large family home with six bedrooms and six bathroom plus a 1 bed granny flat attached to the house and a 2 bed flat separate from the house. The conversion back to this single format is as simple as removing a section of drywall that separates the two floors at the entrance [hidden] house is currently configured as four rental units:- Two x 3 bed/3 bath units with very large open plan living areas that flow out to verandahs with views and their own built in braais. Each has a rental potential of over R16K-R20K/month. - A 1 bed/1 bath unit with rental income around R6K/month and - A 2 bed/1 bath unit with rental income potential around R7K/monthAll units are self contained with their own entrances, DSTV, pre-paid meters, own water meters and air conditioning. There is plenty of parking to accommodate each unitAs a single home plus flatlet- The two 3 bedroom units are very easily combined into a 6 bed / 6 bath mansion with two kitchens for the larger [hidden] With a large 1 bed flat attached to the house and- A separate 2 bed flatAll are well appointed with high quality floors and finishes. Shared pool and braai (The lapa is not on plan and Seller will remove at Purchaser's request). Secure parking for everyone. JoJo tanks collect [hidden] house is on a prime stretch of Kingsway/Andrew Zondo Road near the Kingsway hospital and [hidden] unique investment property is a must view. Bring a serious [hidden] is a coastal town just south of Durban, KwaZulu-Natal, South Africa. According to local legend, when the Zulu King, Shaka, led his army down the South Coast on a raid against the Pondos in 1828, he rested on the banks of a river. When drinking the water, he exclaimed â??Kanti amanzimtotiâ? (isiZulu: â??So, the water is sweetâ?). The river came to be known as Amanzimtoti (â??Sweet Watersâ?). The Zulu word for â??sweetâ? is actually mnandi, but, as Shakaâ??s mother had the name Nandi, he invented the word to replace mnandi out of respect not to wear out her name. Locals frequently refer to the town as â??Totiâ?The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers and the annual sardine run attracts many to the Beaches.


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