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Great opportunity in South Beach! Don't miss out!

R 385,000

Can I afford this?
1 month ago236 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):35
Parking:Covered
Description
Discover a unique investment opportunity in the heart of the vibrant South Beach area. This bachelor unit, located just steps away from Durban's iconic beachfront promenade, offers an exceptional chance to generate rental income. With its prime location and attractive lifestyle options, this property is perfect for tenants who appreciate easy access to popular hotels, nightlife, and clubs that operate late into the night.

**Prime Location:** Nestled in a highly desirable area, this unit is just a short stroll from Durban's bustling beachfront promenade. Whether you enjoy morning jogs, peaceful walks, or simply soaking in the ocean breeze, this location offers it all. The area is well-patrolled by both police and private security, ensuring added peace of mind for residents.

**Great Rental Potential:** The property's strategic position in a sought-after area makes it a magnet for potential tenants. The building features comprehensive security measures, enhancing its appeal and ensuring a safe living environment.

**Spacious Lounge:** The unit boasts a generously sized lounge area, providing investors with the flexibility to redesign the space according to their vision. The lounge opens onto a semi-enclosed balcony, offering additional versatility and potential for creative use.

**Functional Amenities:** Equipped with a shower and a guest toilet, this bachelor unit offers convenience and functionality for its occupants.

Don't miss out on this exceptional opportunity. Call today to schedule a viewing appointment and explore the potential of this prime property investment.

Rates And Taxes: 350
Levies: 1430
Property Reference #: 2424882

Agent Details:
Nokwazi Hadebe
Trafalgar Property Management Durban
141 KE Masinga Road , Durban ,4001

Id Subtitle 1339044571
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Estimated monthly repaymentR 3,909
Total property loan amountR 385,000
Total interestR 553,072
Total repaymentR 938,072
Interest rate at 10.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Trafalgar Property Management Durban
Selling for 5+ years
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