An investment opportunity in Malvern
Mariam Hanif of Legacy Real Estate Group brings you this perfect investment opportunity in Malvern, Durban.
Attention all investors! Here’s an opportunity to own a valuable rental property in Malvern, a sought-after location for tenants looking for comfort and convenience. This 2-floor apartment block consists of four charming, 2-bedroom units, with two units on each floor. Each apartment features an open-plan lounge, kitchen and toilet and bathroom creating a cozy and efficient space for residents to call home.
Property Highlights:
Four 2-Bedroom Units: Each unit is designed for comfortable living, with a functional open-plan lounge and kitchen.
Rental Income: Current rental income stands at R6,800 per unit, totaling R27,200 per month.
Prepaid Utilities: Utilities are prepaid, simplifying management and reducing hassle.
Space for Expansion: The property has a spacious yard with ample room to add another unit, increasing the potential rental income.
Tenanted Investment: The property comes with tenants in place, lease is till October 2025, so you can start earning rental income immediately upon purchase.
With its strong rental demand, this property offers an attractive investment with consistent income and room for future expansion. Whether you're expanding your portfolio or seeking a reliable income-generating asset, this Malvern property is a fantastic opportunity.
Don't miss out – contact us today to make this income-generating property yours!
Attention all investors! Here’s an opportunity to own a valuable rental property in Malvern, a sought-after location for tenants looking for comfort and convenience. This 2-floor apartment block consists of four charming, 2-bedroom units, with two units on each floor. Each apartment features an open-plan lounge, kitchen and toilet and bathroom creating a cozy and efficient space for residents to call home.
Property Highlights:
Four 2-Bedroom Units: Each unit is designed for comfortable living, with a functional open-plan lounge and kitchen.
Rental Income: Current rental income stands at R6,800 per unit, totaling R27,200 per month.
Prepaid Utilities: Utilities are prepaid, simplifying management and reducing hassle.
Space for Expansion: The property has a spacious yard with ample room to add another unit, increasing the potential rental income.
Tenanted Investment: The property comes with tenants in place, lease is till October 2025, so you can start earning rental income immediately upon purchase.
With its strong rental demand, this property offers an attractive investment with consistent income and room for future expansion. Whether you're expanding your portfolio or seeking a reliable income-generating asset, this Malvern property is a fantastic opportunity.
Don't miss out – contact us today to make this income-generating property yours!
Monthly Rates
R2,488
Features
Interior
Exterior
Sizes
Listing Info
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 Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate 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.
