9 Bedroom House For Sale in Durban

Property description

An excellent Investment property offering strong rental income and long-term growth potential. This freehold property comprises 5 individual rental units, each with its own separate water meter and prepaid electricity, making it easy to manage and highly attractive for tenants.

Key Features:
- 5 self-contained rental units with strong, consistent income
- Plenty of on-site parking for tenants and visitors - space for 20 plus cars including carports and a garage
- Hassle-free utility management with separate water meters and prepaid electricity
- Low-maintenance property, perfect for investors
- Located in an area with strong rental demand and reliable occupancy

Total rental income is R 31 500 (plus tenants pay their own water and electricity) and units are:

2 X 1 bed 1 bath unit
2 X 2 bed 1 bath unit
1 X 3 bed 1 bath unit

Whether you are expanding your property portfolio or seeking a secure income-generating asset, this property is tailor-made for investors looking for a reliable return. There are currently excellent tenants in place on a month to month basis and would love to stay.