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Apartment
·
for sale
R 5 000 000
R 6 273/m²
24 Bedroom Apartment / Flat For Sale in Umbilo
Kharwastan
· 797 m² · 10 Baths · Apartment
Kharwastan · 797 m² · 10 Baths · Apartment
Exceptional 24-Bedroom Income-Generating Asset in Umbilo, Durban Discover a remarkable investment opportunity in Umbilo, Durban’s vibrant metropolitan and suburban hub. This expansive property offers an impressive 797 square metres of floor space, featuring an extraordinary 24 bedrooms and 10 bathrooms. Currently fully tenanted and generating a monthly income exceeding R55,000, this property represents a turnkey solution for a savvy investor seeking high-yield student accommodation or a multi-unit residential portfolio. The substantial accommodation is thoughtfully divided into a mix of self-contained flats and shared living spaces. The layout includes four 3-bedroom en-suite flats, three 2-bedroom flats, a 1-bedroom flat, and a bachelor unit. Additionally, three single rooms with shared kitchen and bathroom facilities provide versatile housing options. Every unit is fitted with pre-paid electricity meters, and the interior has been fully renovated with tiling throughout to ensure ease
Exceptional 24-Bedroom Income-Generating Asset in Umbilo, Durban Discover a remarkable investment opportunity in Umbilo, Durban’s vibrant metropolitan and suburban hub. This expansive property offers an impressive 797 square metres of floor space, featuring an extraordinary 24 bedrooms and 10 bathrooms. Currently fully tenanted and generating a monthly income exceeding R55,000, this property represents a turnkey solution for a savvy investor seeking high-yield student accommodation or a multi-unit residential portfolio. The substantial accommodation is thoughtfully divided into a mix of self-contained flats and shared living spaces. The layout includes four 3-bedroom en-suite flats, three 2-bedroom flats, a 1-bedroom flat, and a bachelor unit. Additionally, three single rooms with shared kitchen and bathroom facilities provide versatile housing options. Every unit is fitted with pre-paid electricity meters, and the interior has been fully renovated with tiling throughout to ensure ease
R 5 000 000