Please note that our Terms & Conditions and Privacy Notice are applicable.
Back to search (KwaZulu-Natal > West Suburbs > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1283050336)
Someone beat you to it!
Unfortunately, another Gumtree user is in the process of purchasing this item. Check back later in case they've changed their mind, or click the button below to browse more Pay & Ship listings.
Great investment opportunity
R 16,000,000
Can I afford this?22 Photo(s)
132 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
A great investment opportunity is now available in the sought-after Malvern area. The developer has created 12 x 3 bed, 2 baths, 2 parking units all with the exact layout and a generous apartment for himself on this property. This is a massive 3-bedroom apartment with excellent modern finishes. The complex is not sectionalised and has a great ROI for sectionalising and selling off the units individually or keep as is. The current rental yield is R100 000pm but not all units are currently occupied. The estimated rental income could be R1440 000pa. This is a must see for any consortium purchase or an individual looking to increase their property portfolio. This is one of 2 complexes for sale, the other being an 8-apartment complex in Umhlatuzana, Chatsworth.
Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
Has Pool
Property Reference #: RL3682
Agent Details:
Gladys Nkomo
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Don't Delay to Call or WhatsApp me for more info regarding this rare deal.
Has Pool
Property Reference #: RL3682
Agent Details:
Gladys Nkomo
Maxprop Holdings (Pty) Ltd
98 Bulwer Road
Bulwer
Berea
4083
Id Subtitle 1283050336
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 173,394
Total property loan amountR 16,000,000
Total interestR 25,614,352
Total repaymentR 41,614,352
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.
RECALCULATE
Maxprop Holdings (Pty) Ltd
Selling for 7+ months
Total Ads252
Active Ads252
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
252Total Ads
59.91KTotal Views
Contact Maxprop Holdings (Pty) Ltd
078*******Show Number
Message
(4018)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms & Conditions and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 1,650,000
SavedSave
Located in a peaceful and serene environment, this property features a main house and a double-storey secondary unit, offering a versatile living space. The well-maintained yard is level, with paved areas and an abundance of greenery.Main House:Bedrooms: 4 spacious bedrooms, each with built-in units.Living Areas: Open-plan lounge and dining room, adjacent to a modern kitchen.Kitchen Features: Granite countertops, touch control hob, and an eye-level oven.Main Bedroom: En-suite bathroom for privacy and convenience.Family Bathroom: A large family bath, with a separate scullery unit.External Features:Separate external toilet and wash basin for guests.Burglar guards on windows and doors for added security.Sensor lights and CCTV cameras installed for enhanced security.Security: Motorized perimeter gate for controlled access.Secondary Unit:Double-Storey Design:Upper Level: Spacious living area with a double garage.Lower Level: Single-room pad with its own facilities, ideal for rental income or as an additional private space.Additional Garage: A second double garage with access to the single pad at the lower level.General Features:Parking: Double garage for the main house and double garage for the second unit.Security: CCTV surveillance and motorized gate.Location: Tranquil setting with lush flora and a sense of privacy.This property offers an ideal balance of comfort and functionality, with opportunities for additional rental income or multi-generational living. The spacious grounds, modern amenities, and robust security features make it a great investment for the future.Contact me now for an exclusive viewingProperty Reference #: 1277763Agent Details:Rakesh PremduttRawson Properties Malvern410 Main Road, T.L Samuel center, Shop 9, Queensburgh, Escombe, Kwazulu NatalEscombe, Kwazulu Natal
Invalid date
Rawson Properties Malvern
1
R 2,450,000
SavedSave
Finding an investment property that pays for itself from day 1 is extremely rare, so you definitely dont want to miss out on this!Main House:3 bedrooms2 bathroomsLoungeDining roomFitted kitchenApartment 1:2 bedroomsFamily bathroom Open plan lounge and fitted kitchenAparment 2:2 bedrooms Family bathroom Open plan lounge and fitted kitchen.Apartment 3:Bachelor unit with bathroom Apartment 4:1 bedroom with en-suite Open plan lounge and fitted kitchenCottage:2 bedrooms Family bathroom LoungeKitchen Potential rental income +-R28000.00All this for only R2 450 000.00Theres no better time than now to add to or start building your property portfolio!Property Reference #: RL947484Agent Details:Weslee ChettyJust PropertyOffice 162 Coronation RoadMalvern
Invalid date
Just Property
1
R 995,000
SavedSave
Step into this ground floor, stepless, corner unit and be amazed by its charm and potential. With 2 bedrooms, 1 bathroom, and a single garage for your convenience, this apartment is perfect for first-time buyers or those looking to invest in a safe and secure block, ideal for those looking to scale down.Centrally located, youll find yourself within walking distance to schools, medical facilities, shops, and centers. Imagine the ease of taking a quick stroll, with all the amenities at your fingertips, youll never have to worry about being far from anything you need.The apartment itself boasts a practical layout, waiting for you to make it your own. The well-maintained garden allows for a tranquil atmosphere, making it the perfect spot to enjoy your morning coffee or unwind after a long day. The property also includes a garage and parking space, ensuring your vehicles are safe and secure. Garage and parking right by the apartment - no steps walk straight into your home.As a skilled real estate agent, I can confidently say that this listing is a fantastic opportunity for anyone seeking a convenient and comfortable lifestyle. With an asking price of R995000, this property offers great value for money.Dont miss out on this gem! Whether youre a first-time buyer or an experienced investor, this apartment is sure to impress. Contact me today to arrange a viewing and secure your slice of MALVERN heaven.Property Reference #: DPR4894Agent Details:Shireen PurmasurDormehl Phalane Property GroupShop 2, 120 Stella RoadHillaryDurban4094
Invalid date
Dormehl Phalane Property Group
1
R 2,950,000
SavedSave
We present a rare and exceptional investment opportunity in the heart of Malvern, boasting 5 independent dwellings on a single property. Strategically located near Malvern Park shopping centre, local schools, and with easy access to the M7 highway, this property promises excellent rental yields and long-term capital appreciation.MAIN DWELLINGThe main dwelling features 3 spacious bedrooms, a family bathroom, and an en-suite bathroom. The open-plan kitchen and dining area flow seamlessly into the lounge, creating a perfect space for relaxation and entertainment. Additional features include a back courtyard used as a laundry area, an office room off the patio, a built-in braai, and parking for 4 cars.ADDITIONAL DWELLINGSThe remaining four dwellings offer a mix of 2-bedroom and open-plan units, each with its own kitchen, bathroom, and living areas. The second dwelling features an additional open area that can be used as an office or playroom. The fourth and fifth dwellings are perfect for singles or couples, with open-plan bedrooms, separate kitchen areas, and bathrooms.COMMON FEATURES AND AMENITIESAll units are equipped with prepaid meters for lights and water, ensuring easy and convenient billing. The property features two braai areas, one overlooking the swimming pool, perfect for outdoor entertaining. A Wendy hut on the property offers additional storage space, with potential to be converted into another unit. A rental generator valued at R30 000 per month INVESTMENT HIGHLIGHTS- 5 independent dwellings on a single property- Prime location in central Malvern- Excellent rental yields and long-term capital appreciation- Easy access to shopping centres, schools, and highways- Potential for additional income through Airbnb or short-term rentalsDont miss this exceptional investment opportunity. Contact us today to schedule a viewing and take the first step towards securing your financial future.Built In CupboardsMain En SuiteLoungeDining RoomStudy KitchenLaundryPatioOpen Bay ParkingBurglar GuardsSecurity GateElectric GateFenceGarden BraaiPoolRates And Taxes: 2000Property Reference #: 1501Agent Details:Maureen MoodleyProp4U39 Main Road, Malvern, Queensburgh, 4093Durban
Invalid date
Prop4U
1
R 1,500,000
SavedSave
Lock Up and Go for Peace of Mind !!!This inviting property offers a blend of comfort, modern living in a convenient location, making it an excellent choice for families or individuals seeking a serene living environment with easy access to urban conveniences. The area is well-connected , providing convenient routes to other parts of the city, access to public transport on route. Situated in the desirable neighborhood of Escombe, this property enjoys close proximity to places of worship, Escombe primary school, Parkside Primary school, Queensburgh girls and Boys, parks, our new Malvern center, dinning options. Its also very safe and secure for your peace of mind. Complexes are in great demand most people are moving into this safe way of living now.This unit is free standing and comprises of the following:A lovely flow of porcelain tiles throughout the house. A very neat and well presented house with fine furnishings and 2 air-conditioners. 3 comfortable and spacious bedrooms with built in cupboards(1 bedroom is ideal for remote work, studying, or managing household tasks, just the way its layed out)2 bathrooms 1 is ensuite feature modern fixtures and finishes ensuring comfort.A modern spacious kitchen with granite tops and ample work top place Open plan Lounge and dinning area is well sized for family entertaining guests, its open connection to the patio enhances the flow and spaciousness of the home.The covered Patio area is perfect for outdoor dinning, barbeques and entertainment with a social set up, you can keep a little pet with ample space to run around in the backyard and front. A single garage car garage provides secure parking and additional storage with extra space available, which is used as laundry area. The property includes a spacious parking for 3 vehicles in your yard with awnings plus visitors parkingwell priced and reasonable levies. The property is bigger than the other unitsPrepaid Electricity and Water Good Investment Property can attract a good rental in this area. For more information to schedule a viewing, please contact me Kasturi. # Ensuite: 1# Parking: 1Rates And Taxes: 756Levies: 1300Has GardenTemperature Control: A/CSecurity Features: Alarm, Access GateProperty Reference #: 4173644Agent Details:Kas PillayWest RandChas Everitt225 Kenyon Howden RoadMontclair4004
Invalid date
Chas Everitt
1
R 1,150,000
SavedSave
This charming two bedroom unit, located in a well maintained complex , offers a cozy and convenient living space. The open plan lounge is fitted with air conditioning creating a comfortable environment for relaxation. The fully fitted kitchen is designed for ease of use with modern amenities. The family bathroom has a shower for convenience. Both bedrooms are equipped with built in cupboards providing plenty of storage. This property also provides a single lock up garage with automated doors ensuring secure parking. Ideal for small families, couples or individuals seeking a well appointed home in a desirable location.Property Reference #: RL5397Agent Details:Ugandree GovenderLegacy Real Estate GroupShop 2, Avondale center, 277 Avondale road, Essenwood, Durban
Invalid date
Legacy Real Estate Group
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.