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R15,500,000 | 27 Bedroom Apartment Block For Sale in Durban Central

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R15,500,000

Monthly Bond Repayment R165,296.59
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R8,000

PRIME BLOCK OF FLATS FOR SALE IN DURBAN CBD

PRIME BLOCK OF FLATS FOR SALE IN DURBAN CBD

This prime meticulously maintained high-rise building is in the vibrant heart of Durban's Central Business District. Fully tenanted, this property promises immediate returns.
Bonus: Can be converted into student accommodation. The block is well-kept with no major work required unless conversion to student accommodation is desired.

Key features include:
- Eight story high rise block.
- 27 Spacious bachelor units, with 3 units per floor ranging from 39sqm to 41sqm
- Parking for approximately 10 vehicles (including both basement and open parking)
- A supervisor's office with a half bathroom and storage room
- A Jojo tank providing emergency water supply to all floors
- A functional lift ensuring easy access to all units
- On the bus and taxi route.
- Amenities: Centrally located, providing easy access to all essential amenities, shopping
Centres, Supermarkets, Beaches, Hospitals, Major exists and so much more.

Please note that projected income can change. Depending on what occupation the new owner desires.

Features

27
27
27
Pets Allowed
No
Interior
Bedrooms
27
Bathrooms
27
Kitchen
27
Reception Rooms
54
Furnished
No
Exterior
Garages
27
Security
Yes
Parkings
10
Pool
No
Sizes
Land Size
700m²
STREET MAP
STREET VIEW
-29.86331269999999, 31.01528489999999
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