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Investment Opportunity: Neat Studio Unit in Durban CBD
R 325,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):1
Size (sqm):37
Parking:None
Description
Here's your chance to expand your rental portfolio with this tidy studio unit in the Durban CBD, South Beach area.
The studio spans 37 sqm and is currently tenanted, generating a rental income of R4,250 (excluding utilities) until March 2024.
Don't miss this excellent opportunity to grow your investment portfolio.
Contact us for more information and to arrange a viewing.
Property Reference #: RL12307
Agent Details:
Lawrence Walker
Apartment Box
Shop 4, Il Palazzo
Cnr Zenith Drive & Solstice Road
Umhlanga New Town Centre
4319
The studio spans 37 sqm and is currently tenanted, generating a rental income of R4,250 (excluding utilities) until March 2024.
Don't miss this excellent opportunity to grow your investment portfolio.
Contact us for more information and to arrange a viewing.
Property Reference #: RL12307
Agent Details:
Lawrence Walker
Apartment Box
Shop 4, Il Palazzo
Cnr Zenith Drive & Solstice Road
Umhlanga New Town Centre
4319
Id Subtitle 1243767964
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Estimated monthly repaymentR 3,523
Total property loan amountR 325,000
Total interestR 520,292
Total repaymentR 845,292
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Selling for 6+ years
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