Discover an exceptional investment opportunity in the heart of Phoenix, Durban. This immaculate property features 4 fully tenanted units, each generating an impressive rental income of R5,700 per month, amounting to a total monthly income of R22,800.
Property Features:
No Levies – A rare find for cost-effective ownership.
Each unit includes:
2 spacious bedrooms
A modern shower and toilet
Stylish kitchens with granite countertops
Prepaid electricity meters and individual water meters for each unit, ensuring hassle-free utility management.
A neat garden, adding to the property's appeal.
Location Highlights:
Situated close to schools, making it ideal for families.
Minutes from the Phoenix Plaza, offering convenient shopping and amenities.
This property is an excellent choice for investors seeking a high-yield, low-maintenance opportunity. Don’t miss out on this immaculate property in a prime location!
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Details
Updated on January 11, 2025 at 3:00 am
Reference #: 1370113
Price:R2,700,000
Suburb / Town: Phoenix
Property Type: Apartment / Flat
Bedrooms: 8
Bathrooms: 4
Living Areas: 4
Building Size: 300.0 ㎡
Rates & Taxes: R 700
Additional Features
Secure Parking:6
Garden:1
Bedroom Features:
Porcelain Tiles.
Bathroom Features:
Fully tiled, shower, toilet
Kitchen Features:
Granite finishes
Garden Features:
Neat
Security Features:
Fully walled
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Total you will repay
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* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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