Block of Residential Flats for sale in Greyville, Durban
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718m²
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Web Ref: 1081810
Property Features
Calling all student accommodation investors
Berea Commercial Franchise proudly presents a well kept building in Umbilo Road that has 12 apartments of which nine are 1 and half bedrooms and three are 2 and half bedrooms.
Each apartment has a kitchen, lounge and one bathroom, with 5 parking bays in front of the building. Located just 1 km from DUT, this makes a great student accommodation investment. The potential rental for the 1 and half bedroom is R6000 per month and the 2 and half bedroom is R7000 per month, making this a gross monthly rental of R75,000 per month.
Contact Mahomed Jooma for an exclusive viewing by appointment
Location
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*based on purchase price at Prime over 20 years
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