ON-LINE ZOOM & LIVE AUCTION
THURSDAY, 10 DECEMBER 2020 @ 11:00 AM
VENUE: LEVEL 1, MAGNET BUILDING, EDSTAN BUSINESS PARK, RIVERHORSE VALLEY, DURBAN
MULTI TENANTED RESIDENTIAL PROPERTY
2 JESMOND ROAD, MUSGRAVE
2 Jesmond Road is perfectly situated on the leafy suburb of Berea. This corner property is situated in between Musgrave, Overport shopping centres, Mosques, Churches and good schools. It is 904 sq.’s and generates an income of R19,300.00 per month.
The property is divided into two sections by a PVC picket fence.
The main dwelling consists of 4 bedrooms with free standing cupboards. It has an open plan lounge/dining area and a large kitchen you have two toilets and one full bathroom. One car park 5 vehicles on the property.
The wallow is a an En-suite log cabin just outside the main dwelling, with a small veranda.
The cottage has an En-suite bedroom/bathroom with a small kitchen, lounge and dining area. (this area is 44m sq.)
The cottage has two more out rooms and a single garage.
Both sections are run with water and electrical meters and the owner only pays the commission of 9% as an expense as well as the rates bill.
The large thatch gazebo has a braai/pizza area as well as a rock pool with two fountains which makes for a brilliant entertainment area.
2 x Ekhwesi Pay as you go Water meters
2 x Citiq Electrical pay as you go meters
The subject property has a monthly income of R19,300.00