1 Bedroom Apartment / flat for sale in Overport

This rare investment opportunity offers eight residential units, providing an immediate rental income from day one. Situated in the sought-after suburb of Overport, this well-maintained property is ideal for investors looking to expand their portfolio with a proven income-producing asset. Property Breakdown: Unit 1 3 Bedrooms 2 Bathrooms Lounge Dining Room Kitchen Unit 2 3 Bedrooms 2 Bathrooms Lounge Dining Room Kitchen Unit 3 3 Bedrooms 1 Bathroom Lounge Dining Room Kitchen Unit 4 2 Bedrooms 1 Bathroom Lounge Dining Room Kitchen Unit 5 2 Bedrooms 2 Bathrooms Lounge Dining Room Kitchen Unit 6 1 Bedroom 1 Bathroom Lounge Dining Area Kitchen Unit 7 Bachelor Unit Bathroom Kitchen Open-plan Lounge & Dining Area Unit 8 Bachelor Unit Bathroom Kitchen Investment Highlights: First time offered for sale in over 40 years 8 units Gross rental income: ±R45,000 per month Monthly expenses: ±R27,000 Net income: ±R18,000 per month Excellent long-term investment with established tenants Conveniently located close to schools, shopping centres, places of worship, public transport and major routes. Please note: The units are not sectional title and are being sold as a single investment property. Don't miss this rare opportunity to secure a substantial income-generating property in one of Durban's most established suburbs. Contact us today to arrange a viewing.