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Parlock, Parlock, Durban, KwaZulu-Natal
R 2 500 000
Group of Mini Investment Opportunity with Immediate Income Potential Create your own property investment partnership with a GROUP OF TRUSTED INVESTORS WITH A DREAM and start YOUR earning WITH real returns from day one. This three-level income-generating property offers an excellent opportunity for investors seeking established rental income and future growth. The building comprises five existing rental apartments, with approximately 90% occupancy already in place, providing immediate cash flow. An additional unit is nearing completion, creating the potential for even greater rental returns once occupied. The apartments range from one to three bedrooms, offering a versatile tenant mix and multiple income streams from a single property. Adding further value to this investment is an existing leased billboard situated on the property. The current lease presents an...
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Parlock, Parlock, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
