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Athlone, Athlone, Durban North, KwaZulu-Natal
R 5 442 150
Prime Redevelopment Opportunity in a High-Demand Durban North Location Exceptional income-generating property situated in a prime position within one of Durban North's busiest and most sought-after nodes. This multi-tenanted property offers an excellent investment opportunity with immediate rental income and outstanding future redevelopment potential. The property comprises four separate residential units, including a main house that has been subdivided into two apartments, as well as two fully self-contained flats. The accommodation mix includes one-, two-, and three-bedroom units, catering to a variety of tenant requirements and ensuring strong rental demand. Ideally located close to major amenities, transport routes, and commercial hubs, this property presents an attractive opportunity for investors, developers, or those seeking a well-positioned asset with multiple income streams. Key Features: Prime Durban North location Multi-tenanted income-producing property Four separate residential units Main house subdivided into two apartments Two self-contained flats Mix of one-, two-, and three-bedroom accommodation Strong rental income potential Excellent redevelopment prospects Situated in a busy, high-exposure node A rare opportunity to secure a versatile property with both immediate returns and long-term development potential.
Estimated monthly repayment
R 51 392
on a R 4 897 935 bond over 20 years at 11.25%
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Athlone, Athlone, Durban North, KwaZulu-Natal
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Liivra AI market value
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