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Hillary, Hillary, Durban, KwaZulu-Natal
R 3 600 000
This is a rare chance to secure a high-yield, low-maintenance investment in the heart of Hillary. This newly developed block of flats consists of four contemporary two-bedroom apartments, each thoughtfully designed to attract quality tenants and maximize rental returns. Unit Features: Each of the four units offers a sleek, uniform layout designed for modern living: • 2 Spacious Bedrooms: Well-sized rooms with ample natural light. • Open-Plan Living: A seamless flow from the lounge into a modern kitchen, perfect for entertaining and a spacious feel. • Private Balcony: Each unit includes its own outdoor space, ideal for relaxing or enjoying a morning coffee. • Full Bathroom & Toilet: Clean, modern finishes and high-quality fixtures. • Energy Efficient: Designed with contemporary materials to ensure long-term durability and style. Property Amenities & Security The complex is built with convenience and safety as top priorities: • Secure Access: Fully fenced property with a remote-controlled gate. • Dedicated Parking: Each unit comes with its own single parking bay within the secure perimeter. • Low Maintenance: Modern facebrick or high-quality plastered finishes (depending on specific build) mean minimal upkeep for the owner. • Prime Location: Situated in the quiet, residential suburb of Hillary, with easy access to local schools, shopping centers, and major transport routes. Investment Potential Whether you are looking to expand your portfolio or start a multi-family living arrangement, this property offers:•High Rental Demand: 2-bedroom units are the most sought-after rental size in the area. • Sectional Title Ready: Potential to sell units off individually in the future. • Turn-key Ready: No renovations. • Current full tenant Renting R7500 per unit, it means collection figures per blocks pay out R29 700
Estimated monthly repayment
R 33 996
on a R 3 240 000 bond over 20 years at 11.25%
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Hillary, Hillary, Durban, KwaZulu-Natal
Listed by
Pieter Nel
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