INCOME GENERATING PROPERTY
6 GEMMELL PLACE VIRGINIA, DURBAN NORTH
The subject Property is centrally located within Virginia, Durban North, in close proximity to all local amenities and the M4 Freeway.
Situated in the sought after suburb of Virginia, Durban North, this prime property offers amazing sea views and loads of accommodation. If you are simply looking for an investment, 12% Gross Return is achievable on this property, with the opportunity of substantially increasing this.
Main House:
Fitted Kitchen
Large Lounge
Dining Room
5 Bedrooms (Huge main bedroom with own patio and sea views)
3 Bathrooms
Undercover Entertainment Area
Swimming Pool
2 Garages
2 Covered Parking Bays
Additional Parking for ± 10 Cars
5 Garden Cottages:
3 x 1 Bedroom Cottages each comprising: Kitchen, Lounge and Bathroom
2 x Bachelor Cottages: Open Plan Bedroom, Bathroom & Kitchenette
All Units have prepaid electricity and water meters
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