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Point, Point, Durban Central, KwaZulu-Natal
R 2 950 000
Three South Beach Flats Investment Opportunity Exceptional investment opportunity to acquire three fully renovated and fully let apartments in Three South Beach, sold as a bundle only and not separately.All three apartments are currently generating rental income, making this an ideal investment for an investor looking for an established income-producing property portfolio in a prime beachfront location.Property Breakdown3rd Floor: 75 m², 2-bedroom apartmentRental income: R9,700 per month4th Floor: 57 m², 1-bedroom apartmentRental income: R7,000 per month, no parking10th Floor: 57 m², 1-bedroom apartmentRental income: R7,500 per monthTotal rental income: R24,200 per monthAnnual rental income: R2 950 000FeaturesFully renovated throughoutModern, upmarket finishesBuilt-in cupboards in kitchens and bedroomsFully tiled bathroomsBalcony areasStunning beachfront and sea viewsOne parking bay included with two of the apartmentsAll apartments are fully let and generating rental incomeSold together as one investment packageThe apartments are situated in a safe, upmarket and highly convenient location, close to the beachfront, local shops, hospitals, restaurants and other essential amenities.Available for sale immediately.This is an excellent opportunity to secure three income-generating apartments in a sought-after beachfront location.Asking Price: R2,950,000Kindly contact Theo to arrange a viewing or for further information. Show more Show less
Estimated monthly repayment
R 27 858
on a R 2 655 000 bond over 20 years at 11.25%
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Point, Point, Durban Central, KwaZulu-Natal
Approximate location — the pin is centred on the suburb. The landlord will share the exact address on enquiry.
Listed by
Bongani Mbeki
Unclaimed listing — claim it to verify
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