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Kenville, Kenville, Durban, KwaZulu-Natal
R 2 900 000
Investment Property for Sale – High-Yield Income-Producing Asset An exceptional investment opportunity offering immediate and reliable rental income from day one. This well-maintained property has been strategically configured into three separate apartment-style units, making it an ideal addition to any investor's portfolio. Designed to maximize rental demand and cash flow, the property consists of three self-contained 2-bedroom, 1-bathroom units, each providing comfortable and private living spaces for tenants. The property is fully tenanted and generates a proven annual rental income of approximately R300,000, delivering stable and consistent returns. Property Features 3 x Self-contained apartment-style units Each unit offers: 2 Bedrooms 1 Bathroom Open-plan living area Fully fitted kitchen Built-in cupboards in bedrooms and kitchen Stove, oven, and hob installed Individual prepaid electricity meters for each unit Fully occupied with established tenants Strong rental demand and excellent occupancy history Low-maintenance income-producing asset Immediate return on investment from transfer Investment Highlights This property presents an outstanding opportunity for investors seeking dependable cash flow and long-term growth. With an established rental history and a configuration tailored to the current rental market, it offers both security and scalability within a property investment portfolio. Having been successfully owned and managed for many years, the property has consistently delivered profitable returns. It is now being released to the market as the current owners redirect their focus toward larger commercial investment ventures. Whether you are an experienced investor looking to expand your portfolio or a first-time buyer seeking a turnkey income-generating asset, this property offers proven rental appeal, strong returns, and excellent investment potential. Contact us today to arrange a viewing and secure this exceptional income-generating opportunity.
Estimated monthly repayment
R 27 386
on a R 2 610 000 bond over 20 years at 11.25%
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Kenville, Kenville, Durban, KwaZulu-Natal
Listed by
Sipho Brown
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