R5,500,000

R5,500,000

21 Bedroom Apartment Block For Sale in Umbilo
21
Bedrooms
15
Bathrooms
3
Garages
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Block of Flats For Sale In Umbilo

Web Ref. DPR1340
Land size 1000.00 m²
Monthly Bond Repayment
R54,910.89
Dormehl Phalane Glenwood presents this well-maintained block of flats located in Umbilo, fully tenanted.

The kitchens have built-ins with stove & oven.
Bedrooms have built-in wardrobes.
All rooms have en-suite bathrooms.

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

Located near King Edward Hospital, Queensmead Mall, Motor Licensing Department, UKZN Medical School, China Plaza, Chester Meats Wholesale, Durban Primary School, Glenwood Christian School and other amenities.

Best for investment:

* 3 x 3-Bedroom Units with 2 Bathrooms
* 4 x 2-Bedroom Units with 2 Bathrooms
* 1 x 1-Bedroom Unit with En-Suite Bathroom
* 1 x Studio Apartment
* 1 x Domestic Quarters
* 3 Lock-Up Garages

No levies.
Rates: R1 900

TOTAL INCOME: R59 000 per month

Rental Breakdown:

* Two-Bedroom Units: R7 000 pm
* Three-Bedroom Units: R7 500 pm
* One-Bedroom Unit: R5 000 pm
* Studio Apartment: R3 500 pm

Possible rental income of up to R100 000 per month if converted into student accommodation.

Near UKZN Medical School, Queensmead Mall, King Edward Hospital, shops and public transport routes.
Monthly Rates R1,900

Features

Interior
21 Bedrooms
15 Bathrooms
9 Kitchens
15 Lounges
15 Dining Rooms
Fibre
Exterior
3 Garages
12 Parkings (Secure Parking)
Security
Domestic Accom
Scenery / Views
Sizes
Land Size 1,000 m²
Additional Amenities
Fibre
Mountain View
Listing Info
Date Listed 18-06-26
Time Listed 12:35

Umbilo, Durban

Google map for 21 Bedroom Apartment Block For Sale in Umbilo

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.