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Malvern, Malvern, Queensburgh, KwaZulu-Natal
R 16 000 000
A great investment opportunity is now available in the sought-after Malvern area. The developer has created 12 x 3 bed, 2 baths, 2 parking units all with the exact layout and a generous apartment for himself on this property. This is a massive 3-bedroom apartment with excellent modern finishes. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R100 000pm but not all units are currently occupied. The estimated rental income could be R1440 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being an 8-apartment complex in Umhlatuzana, Chatsworth. Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
Estimated monthly repayment
R 151 093
on a R 14 400 000 bond over 20 years at 11.25%
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Malvern, Malvern, Queensburgh, KwaZulu-Natal
Liivra AI market value
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Listed by
Gladys Nkomo
Maxprop Residential - Sales and Letting
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