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Umbilo · Apartment Block For Sale

Apartment Block For Sale in Umbilo

  • R 7,300,000
  • 21 bd
  • 15 ba

Dormehl Phalane Glenwood presents this well maintained block of flats located in Umbilo, fully tenanted. The kitchens has built-ins with stove & oven. Bedrooms with built-in wardrobes. All rooms have en suite bathrooms

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

It's located near King Edward Hospital, Queensmead Mall, Motor Licensing, University of KwaZulu-Natal University-Medical School, China Plaza, Chester Meat Wholesale, Durban Primary School, Glenwood Christian School etc

Best for investment
3X3 Bedrooms with 2X bathrooms
4X 2Bedrooms with 2X bathrooms
1X1 bedroom with en-suite bathroom
1X1 studio apartment
1 domestic quarters
3 pull up garage
No levies
Rates: R1 900

TOTAL INCOME R58 000pm
Two bedrooms R7000pm
Three bedroom R7500pm
One bedroom R5000pm
Bachelor R3000pm

Possible R100 000 rental income if converted into student accommodation.

Near UKZN medical school, Queensmead Mall and other shops , easy transport access, King Edward Hospital.

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Property Information & Features

Property Type
Apartment Block
Listing Type
For Sale
Location
Umbilo, Durban
Price
R 7,300,000 · Get Pre-Qualified
Erf Size
1000 m²
Bedrooms
21
Bathrooms
15
Garages
3
Residential Zoning
Yes
Security
Yes
Staff Quarters
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · Umbilo, Durban

Overall Area Rating

Very Good

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Apartment Block For Sale in Umbilo
R 7,300,000
  • 21 bd
  • 15 ba
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