R2,250,000

R2,250,000

10 Bedroom House For Sale in Umbilo
10
Bedrooms
6
Bathrooms

A SERIOUS INCOME GENERATOR!

Web Ref. CMNT-6564
Land size 552.00 m²
Monthly Bond Repayment
R22,463.54
Originally a semi-detached home, this property has since been consolidated onto one title deed, offering an exceptional income-generating opportunity. The property can potentially be sectioned at the buyer’s own cost, subject to the necessary approvals.

Set on one stand, the property currently comprises six units, offering an impressive total of:
10 bedrooms
6 bathrooms
4 lounges
3 parking spaces

Six separate income-producing units
The location adds considerably to its investment appeal. It is conveniently positioned close to the Durban Harbour, Schools , China Mall, Southway Mall and the Licence Department. The proximity to UKZN and Medical School is particularly attractive for accommodation demand, with UKZN itself noting a substantial off-campus student accommodation sector, including residences provided by private landlords.

And here's the real attraction:
All six units are currently fully occupied, making this an opportunity to acquire an established income-producing property rather than one that requires you to start finding tenants from scratch.

Enquire today to find out what rental income the property is currently generating. A property with six income streams and potential for even greater value, enquire now.
Monthly Rates R1,686

Features

Interior
10 Bedrooms
6 Bathrooms
1 Kitchen
4 Lounges
Exterior
3 Parkings (Carport, Secure Parking)
6 Flatlets
Sizes
Land Size 552 m²
Additional Amenities
Patio
Laundry
Built in Wardrobes
Fence
Security Gate
Paving
Family Tv Room
Boundary Wall
Listing Info
Date Listed 27-08-26
Glen White
Glen White Qualified Property Practitioner

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt 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.