3 Unit Portfolio for sale in JRH

R1,000,000.00

Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP6248
Asking Price : R1,000,000.00
Bedrooms : 1.0
Bathrooms : 1.0
Ownership : S/Title


Description

Available for sale are x2 Bachelor Units and x1 1 Bedroom Unit in the sort after John Ross House.

Located in the heart of the Durban CBD and surrounded by several amenities such as the popular work shop, grocery stores , multiple schools and colleges , on taxi route and a mere 2 minute walk to the Durban Beaches , these units offer a great opportunity for investors to add to an existing portfolio or as a first time buy.

The Durban CBD is continuously growing in demand as the tenant rate is high as many individuals within the city require central living to get from point A to B as public transport in the main mode of transportation for several.

The following units boost

•Kitchen area with BiCs
•Fairly spacious living rooms with stunning views of Durban
•DStv connection
•24 Hour security
•Access Controlled

All units are tenanted out with 12 month leases in places and well managed by a managing agent.

Yield at 10,5%.

Asking price is R 1 000 000,00.


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Contact the Agent

Margaret Cleenwerck »
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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