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Overport, Overport, Durban, KwaZulu-Natal
R 4 500 000
This modern, well-maintained apartment complex offers a compelling investment opportunity in a prime urban setting. Zoned for multi-use, the property is ideally suited for residential letting, mixed-use development, or future redevelopment potential. The complex comprises four contemporary apartments, thoughtfully designed to meet the demands of modern living: - 2 × Two-bedroom, one-bathroom units - 2 × Two-bedroom, two-bathroom units Each apartment has been designed with simplicity, modernity, and functionality at its core. Clean architectural lines and a minimalist aesthetic create spaces that feel both sophisticated and highly practical. The open-plan layout allows natural flow between the modern kitchen, dining, and living areas, making the apartments ideal for both owner-occupiers and tenants. Custom built-in fittings in the kitchen and bedrooms maximize storage while enhancing the sleek interior design. A refined neutral colour palette—featuring layered shades of grey with crisp white accents—provides a calm, versatile canvas that easily adapts to a wide range of interior styles, from understated elegance to bold contemporary décor. All units are equipped with prepaid electricity meters, ensuring ease of management and cost control. The complex prioritizes comfort, security, and convenience, making it highly attractive to long-term tenants. External features include Basement parking, Communal restroom for staff/workers, JoJo water storage tank, Fully walled perimeter and Motorised security gate Each unit currently generates strong rental income, with rentals achieving between R7800 to R8200, making this property a solid income-producing asset with excellent growth potential. Whether you’re an investor seeking reliable returns or a developer looking for a versatile, well-located property, this multi-use complex is an opportunity not to be missed.
Estimated monthly repayment
R 42 495
on a R 4 050 000 bond over 20 years at 11.25%
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Overport, Overport, Durban, KwaZulu-Natal
Listed by
Siya Mnguni
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