14.1% Gross Yield | Income-Generating Investment Opposite Glenwood Village
Generating approximately R15,300 per month in rental income, this 136m² apartment has been configured into four income-producing rooms and offers investors an opportunity to acquire a proven rental asset in the heart of Glenwood.
Positioned opposite Glenwood Village and within close proximity to UKZN, St Augustine's Hospital and Entabeni Hospital, the property continues to attract long-term professional tenants due to its convenience and accessibility.
Property Features:
136m² Apartment
4 Income-Producing Rooms
2 Bathrooms
Communal Kitchen
Gross Rental Income ± R15,300 per Month
Approximate Gross Yield of 14.1%
Opposite Glenwood Village
Close to UKZN and Major Hospitals
Individual Water Meter Installation Underway
Established Tenant Base
Secure Apartment Block
A compelling investment opportunity in one of Durban's most established rental nodes.
Contact me for a full income and expense breakdown.
Positioned opposite Glenwood Village and within close proximity to UKZN, St Augustine's Hospital and Entabeni Hospital, the property continues to attract long-term professional tenants due to its convenience and accessibility.
Property Features:
136m² Apartment
4 Income-Producing Rooms
2 Bathrooms
Communal Kitchen
Gross Rental Income ± R15,300 per Month
Approximate Gross Yield of 14.1%
Opposite Glenwood Village
Close to UKZN and Major Hospitals
Individual Water Meter Installation Underway
Established Tenant Base
Secure Apartment Block
A compelling investment opportunity in one of Durban's most established rental nodes.
Contact me for a full income and expense breakdown.
Monthly Levy
R2,488
Monthly Rates
R958
Total
R3,446
Features
Interior
Exterior
Sizes
Listing Info
Bulwer, Durban
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Just Property Group website is accurate and up to date, Just Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
