Generating approximately R15,300 per month in rental income, this 136m2 apartment has been configured into four income-producing rooms and offers investors an opportunity to acquire a proven rental asset in the heart of Glenwood.
Positioned opposite Glenwood Village and within close proximity to UKZN, St Augustine''s Hospital and Entabeni Hospital, the property continues to attract long-term professional tenants due to its convenience and accessibility.
Property Features:
136m2 Apartment
4 Income-Producing Rooms
2 Bathrooms
Communal Kitchen
Gross Rental Income R15,300 per Month
Approximate Gross Yield of 14.1
Opposite Glenwood Village
Close to UKZN and Major Hospitals
Individual Water Meter Installation Underway
Established Tenant Base
Secure Apartment Block
A compelling investment opportunity in one of Durban''s most established rental nodes.
Contact me for a full income and expense breakdown.