R7,500,000
R7,500,000
Monthly Bond Repayment R79,982.22
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R1,900
R1,900
Block of Flats For Sale In Umbilo
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.
Features
Interior
Bedrooms
21
Bathrooms
15
Kitchens
9
Reception Rooms
30
Exterior
Garages
3
Carports / Parkings
12
Security
Yes
Domestic Accommodation
2
Sizes
Land Size
1,000m²
Extras
Fibre • Mountain ViewUmbilo, Durban
Durban
Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in the country, forming part of the eThekwini metropolitan municipality. Durban is famous as the busiest port in South Africa and is also a major centre of tourism because of the city's warm subtropical climate and extensive beaches. Voted as one of the top 10 family beach holiday cities in the...
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