R1,499,000

R1,499,000

15 Bedroom House For Sale in Reservoir Hills
15
Bedrooms
5
Bathrooms
2
Garages

15 Bedroom House For Sale in Reservoir Hills

Web Ref. CSPN-2278
Land size 7876.00 m²
Floor size 431.00 m²
Monthly Bond Repayment
R14,714.83
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 Tracy Maharaj now to view !!!
Monthly Rates R610

Features

Interior
15 Bedrooms
5 Bathrooms
1 Kitchen
4 Lounges
2 Dining Rooms
1 Study
Fibre
Exterior
2 Garages
7 Parkings (Secure Parking)
9 Flatlets
Pet Friendly
Balcony
Security
Domestic Accom
Sizes
Land Size 7,876 m²
Floor Size 431 m²
Additional Amenities
Balcony
Patio
Laundry
Walk In Closet
Built in Wardrobes
Fence
Security Gate
Scenic View
Built In Braai
Cottage
Scullery
Pantry
Guest Toilet
Entrance Hall
Paving
Family Tv Room
Reception
24 Hour Response
Gas Hob
Fibre
Pre Paid Electricity
Boundary Wall
Listing Info
Date Listed 25-05-26
Tracy Maharaj
Tracy Maharaj Principal - Qualified Property Practitioner

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.