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Bulwer, Bulwer, Durban, KwaZulu-Natal
R 7 900 000
Block of flats offering excellent investment potential, currently undergoing renovations The property comprises five units, including four two bedroom apartments and one spacious three bedroom apartment Upon completion, all units will be fully tiled and equipped with prepaid electricity and water meters, as well as brand new geysers, ensuring modern convenience and cost efficiency for tenants The property boasts additional land at the rear, presenting an opportunity to extend the existing structure or develop additional units, maximizing rental income potential Security is well catered for with electric fencing and an automated gate, providing peace of mind for residents Ideally located within walking distance to shopping centres, DUT, and hospitals, with easy access to the N3 freeway, this property is perfectly positioned for strong rental demand
Estimated monthly repayment
R 74 602
on a R 7 110 000 bond over 20 years at 11.25%
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Bulwer, Bulwer, Durban, KwaZulu-Natal
Listed by
Tshepo Mbeki
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