This well-maintained 3-story block of flats offers incredible potential with 27 double rooms 110 sqm, ideal for students, young professionals, or retirees. Featuring: multiple kitchens and bathrooms to accommodate tenants comfortably. 5 lock-up garages and 10 open parking bays. Fully fenced for added security.
Rental Potential: Current rental income of approximately R70,000 per month. Some units recently increased in rental rates, with further adjustments due in January 2025. A couple of units are currently vacant, providing opportunities to secure new tenants and boost income further.
Don’t miss out on this lucrative investment Contact me for more details or to arrange a viewing!
Originally called Rio de Natal by Vasco d Gama when he visited in 1497 Durban later received its name from a governor of the Cape Colony named Sir Benjamin D'Urban. Durban is a cultural melting pot of diversity, ethnicity and top-class cuisine that represents culinary influences from around the world. Located on the northeast coast of South Africa and being the biggest port, Durban is the heart of Kwa-Zulu...
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