Spacious 1 bedroom apartment for sale in Durb
R400,000.00
Durban CBD, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP6326 |
| Asking Price : | R400,000.00 |
| Bedrooms : | 1.0 |
| Bathrooms : | 1.0 |
| Ownership : | S/Title |
| Levy : | R1,700.00 |
| Parking : | Yes |
Description
Available for sale is this well looked after spacious 67Sqm 1 bedroom apartment in the Durban CBD.
All surrounded by several amenities such as schools , grocery stores , hospitals and take ways outlets , this unit offers a great opportunity for an investor to either start his or her's own Property portfolio or add to an existing one.
The building is well run and and in great nick with an onboard supervisor and 24 hour security as well as CCTV cameras throughout the building.
The Durban CBD is continuously growing in demand as the tenant rate is high as many individuals require central living to get from point A to B as public transport is the main use of transportation for several.
Property currently yields a 10,5% return at the asking price of R 400 000,00 with a tenant who has been residing in the property for 7 years.
Image Gallery
Contact the Agent
Margaret Cleenwerck »
[email protected]
Your Information
Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.
