R 1 399 000 | 8 bed property for sale in reservoir hills

28 Alek Close, Reservoir Hills, Durban, KZN Ideal for Student Accommodation | Income-Generating | Spacious & Well-Positioned This versatile 8-bedroom residence in the heart of Reservoir Hills is a golden investment opportunity for those looking to tap into the thriving student rental market. Strategically located near Durban universities and major transport routes, this property offers space, privacy, and functionality — tailor-made for student housing or multi-tenant letting. Main Building: 4 spacious bedrooms (main en-suite with shower) 2 additional bathrooms 2 toilets Fully fitted kitchen with built-in cupboards & electric stove Open-plan lounge and dining area Balcony with scenic views Wooden flooring in bedrooms, tiled kitchen & balcony Flatlet 1 (Private Entrance): 2 bedrooms Lounge Fully fitted kitchen with electric stove & BICs Bathroom with shower Tiled & wooden flooring Flatlet 2 (Private Entrance): 2 bedrooms Lounge Kitchenette with BICs Bathroom & separate toilet Neat finishes Domestic Accommodation: 1 bedroom Shower & toilet Additional Features: Fully fenced for privacy and security Two double garages one carport Three geysers (ideal for multi-unit occupancy) Durable wooden and tiled flooring throughout Ideal layout for student rental or extended family INVESTMENT STORY: Positioned just minutes from major universities (UKZN Westville & Howard Campus), this property ticks all the boxes for high-yield rental potential. With 8 bedrooms, 3 kitchens, multiple lounges, and ample parking — this property can comfortably accommodate 10–12 students, each with private or semi-private living spaces. Flatlets provide the option to rent separately or together, and the domestic unit can serve as caretaker’s accommodation or an additional rental unit. With minimal adjustments, this home becomes a turnkey student housing solution, offering excellent ROI potential in an area with constant demand from the academic sector. Investment Potential: Estimated rental income: R30,000 – R35,000/month Student housing, Airbnb, or long-term lease options Strong rental demand in Reservoir Hills area Low-maintenance finishes and layout Contact now to book a viewing and secure this income-generating gem!