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Umbilo, Umbilo, Durban, KwaZulu-Natal
R 2 500 000
If return on investment is your priority, this is the opportunity you’ve been waiting for. No stock, no sales, no operational headaches, just a strategically located property delivering exceptional rental returns that outperform the purchase cost. Purpose built and tastefully designed, this income generating asset comfortably accommodates 11 medical students, each enjoying their own private bedroom, a rare and highly sought-after feature. The layout includes a communal lounge and kitchen, supported by 6 bathrooms, all thoughtfully configured for easy living and low maintenance. Add to this a minimum of 6 on-site parking bays, and you have a property that ticks every box. Its prime location within a well established student precinct makes it ideal for medical students, while also presenting a perfect solution for companies seeking accommodation for contract staff working at the Harbour. The versatility is unmatched, with multiple potential commercial or commercial accommodation uses (special consent required for offices). This is more than just a property, it’s a high-yield investment in a high demand area. Secure your share of a proven income stream and own a piece of the pie where demand never sleeps. (Indemnity: Your ROI is directly linked to your efforts, property management style, expenses and market conditions. Please seek an expert in financial investing if in doubt)
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
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Umbilo, Umbilo, Durban, KwaZulu-Natal
Listed by
Deon Van der Merwe
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