Monthly Bond Repayment R77,849.36
Calculated over 20 years at 11.5% with no deposit.
Web Ref No DPR1340
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.