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Overport, Overport, Durban, KwaZulu-Natal
R 4 495 000
A golden opportunity awaits savvy investors! This income-producing block of flats is ideally located on prestigious West Road, one of Overport's most in-demand streets. Offering R40,000 in monthly rental income, this property guarantees solid returns. Highlights: Monthly rental income of R40,000 Neat and secure block with a proven rental track record Tenanted with long-standing occupants Spacious, self-contained flats, each with private kitchens and bathrooms Secure onsite parking Well-maintained, low-maintenance building Favourable layout for easy management Situated close to schools, shopping centres, places of worship, medical facilities, and public transport Ideal for long-term residential letting or executive rentals Potential to increase income further with minor upgrades or rental adjustments Key Features: 3 x 1-bedroom units 1 x duplex unit 1 x versatile outbuilding Main residence with 4 bedrooms 1 parking space allocated per unit Location Perks: West Road is one of Overport’s most central and high-demand streets – offering a mix of residential convenience and access to key amenities. The demand for rentals in this area remains high, making it a reliable performer for years to come. Why Invest Here? Whether you’re expanding your portfolio or making your first big property move, this is a smart acquisition that offers both immediate cash flow and capital appreciation potential. Viewings by appointment only. Contact now to secure this rare income-generating asset!
Estimated monthly repayment
R 42 448
on a R 4 045 500 bond over 20 years at 11.25%
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Overport, Overport, Durban, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Ayanda Mahlangu
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