Property Details

This 10bedroom 6 bathroom property is an investors dream. Nestled in the heart of Clare Hills, Durban and close to all public schools, shopping centers and public transport. A well maintained property that includes 5 Tenants to date collecting a Rental income equivalent to R20 000 with the potential to rise further. The property consists of 2 x 2bedroom 1 bathroom apartments including a kitchen and an open plan lounge and dining area including a private balcony to each tenant. Each Apartment has the lounge and kitchen areas on the upper level with the bathroom and bedrooms on the Lower levels. There is a shared main entrance to the property including private entrances to each apartment as well. In addition, 4 x 1bedroom open plan Bachelor units are leased out to tenants. There is possibility for additional Tenants as the huge upper level, roof top, Garden Court can be converted into an Apartment in the foreseeable future. This huge property boasts huge rental income potential that can easily resolve bond repayments on your investment. A must see property. Call the Agent for an exclusive viewing. Ps: Have a pre-approval in place would be an added advantage.