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Kenville, Kenville, Durban, KwaZulu-Natal
R 2 200 000
This well-maintained property presents an outstanding investment opportunity, offering immediate rental income from day one. Thoughtfully converted into three self-contained two-bedroom units, it provides an ideal "apartment-style" living arrangement, making it highly attractive to tenants and investors alike. Fully tenanted with established rental income, this property delivers a strong return and offers a stable, hassle-free investment in a high-demand rental market. Property Features - Three self-contained units, each comprising: - 2 bedrooms - 1 bathroom - Open-plan living area - Well-appointed kitchen - Built-in cupboards in both bedrooms and kitchens. - Stove, oven, and hob installed in each kitchen. - Individual prepaid electricity meters for each unit. - Fully tenanted with reliable, established tenants. - Generates approximately R300,000 per annum in gross rental income. - Strong, income-producing asset from the outset. - Excellent investment for buyers seeking consistent cash flow and long-term capital growth. - High-demand rental configuration with excellent tenant appeal. Whether you are looking to expand your investment portfolio or secure a property that offers immediate returns, this is an opportunity not to be missed. CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 20 775
on a R 1 980 000 bond over 20 years at 11.25%
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Kenville, Kenville, Durban, KwaZulu-Natal
Liivra AI market value
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Listed by
Refilwe Modise
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