Mount Vernon, Durban, KwaZulu-Natal ID 1214234
House
1.0
2
2142m2
This massive 2900sqm property offers exceptional investment potential with access from three different roads, making it ideal for future development. Situated on a prime corner plot, this property already generates rental income with two existing flat-lets and has space to develop up to four additional units. Current rental income units: flat-let 1: two spacious bedrooms (one with built-in cupboards) family bathroom conveniently located between the bedrooms. Open plan lounge and dining area. Kitchen with built -in cupboards. Prepaid water and electricity. Alarm system for added security. Flat-let 2: one-bedroom open plan lounge dining area and kitchen. Bathroom with toilet shower and basin. Prepaid water and electricity. Alarm system. Additional features: road level drive in access. Ample space for further development (potential for four additional rental units) excellent location with easy access from multiple roads. This property is a fantastic opportunity for investors looking to expand their rental portfolio or developers seeking a prime location for new units. Don't miss out on this rare find!!! Built In Cupboards Lounge Dining Room Kitchen Balcony Open Bay Parking Burglar Guards Security Gate Burglar Alarm Fence Garden Braai
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