R250 000 | 1 Bedroom Apartment / Flat For Sale in Durban, Durban

Income-Generating Apartment.

Calling all investors! Secure this affordable investment opportunity in the heart of Umbilo.
Situated on the 8th floor, this one-bedroom apartment already has a reliable tenant in place, generating a rental income of R4,400 per month from day one.
The building is clean, well-maintained, and fully occupied, offering a practical and liveable environment. While the lift has been out of operation for several years, the property continues to attract and retain tenants, making it a proven income-producing asset.
Whether you are expanding your property portfolio or purchasing your first investment property, this unit offers excellent value and immediate returns.
Features:
1 Spacious Bedroom
Existing Tenant Paying R4,400 per Month
Clean and Well-Maintained Building
Convenient Umbilo Location

Don't miss this opportunity to own an income-generating property at an affordable price.
Call now to arrange a viewing and make this investment yours today!