Wohnblock zum Kauf in Umbilo Durban

Dormehl Phalane Glenwood presents this well maintained block of flats located in Umbilo, fully tenanted. The kitchens has built-ins with stove & oven. Bedrooms with built-in wardrobes. All rooms have en suite bathrooms

A secured parking for +10 vehicles. Two entrance/exits for cars (electric remote and manual gates)

It's located near King Edward Hospital, Queensmead Mall, Motor Licensing, University of KwaZulu-Natal University-Medical School, China Plaza, Chester Meat Wholesale, Durban Primary School, Glenwood Christian School etc

Best for investment
3X3 Bedrooms with 2X bathrooms
4X 2Bedrooms with 2X bathrooms
1X1 bedroom with en-suite bathroom
1X1 studio apartment
1 domestic quarters
3 pull up garage
No levies
Rates: R1 900

TOTAL INCOME R58 000pm
Two bedrooms R7000pm
Three bedroom R7500pm
One bedroom R5000pm
Bachelor R3000pm

Possible R100 000 rental income if converted into student accommodation.

Near UKZN medical school, Queensmead Mall and other shops , easy transport access, King Edward Hospital.