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R 2 800 000

8 Bedroom Apartment / Flat for Sale in Malvern

Malvern, Queensburgh
  • Bedrooms 8
  • Bathrooms 4
  • Garages 15
  • Floor Size 60 m²
An investment opportunity in Malvern

Mariam Hanif of Legacy Real Estate Group brings you this perfect investment opportunity in Malvern, Durban.

Attention all investors! Here’s an opportunity to own a valuable rental property in Malvern, a sought-after location for tenants looking for comfort and convenience. This 2-floor apartment block consists of four charming, 2-bedroom units, with two units on each floor. Each apartment features an open-plan lounge, kitchen and toilet and bathroom creating a cozy and efficient space for residents to call home.

Property Highlights:

Four 2-Bedroom Units: Each unit is designed for comfortable living, with a functional open-plan lounge and kitchen.

Rental Income: Current rental income stands at R6,800 per unit, totaling R27,200 per month.

Prepaid Utilities: Utilities are prepaid, simplifying management and reducing hassle.

Space for Expansion: The property has a...

Mariam Hanif of Legacy Real Estate Group brings you this perfect investment opportunity in Malvern, Durban.

Attention all investors! Here’s an opportunity to own a valuable rental property in Malvern, a sought-after location for tenants looking for comfort and convenience. This 2-floor apartment block consists of four charming, 2-bedroom units, with two units on each floor. Each apartment features an open-plan lounge, kitchen and toilet and bathroom creating a cozy and efficient space for residents to call home.

Property Highlights:

Four 2-Bedroom Units: Each unit is designed for comfortable living, with a functional open-plan lounge and kitchen.

Rental Income: Current rental income stands at R6,800 per unit, totaling R27,200 per month.

Prepaid Utilities: Utilities are prepaid, simplifying management and reducing hassle.

Space for Expansion: The property has a spacious yard with ample room to add another unit, increasing the potential rental income.

Tenanted Investment: The property comes with tenants in place, lease is till October 2025, so you can start earning rental income immediately upon purchase.

With its strong rental demand, this property offers an attractive investment with consistent income and room for future expansion. Whether you're expanding your portfolio or seeking a reliable income-generating asset, this Malvern property is a fantastic opportunity.

Don't miss out – contact us today to make this income-generating property yours!

Bedrooms Bedrooms: 8
Bathrooms Bathrooms: 4
Parking Parking: 15
Pet Friendly Pet Friendly
Listing number: P24-115210178, Image number: 1, Image
Listing number: P24-115210178, Image number: 2, Image
Listing number: P24-115210178, Image number: 3, Image
Listing number: P24-115210178, Image number: 4, Image
Listing number: P24-115210178, Image number: 5, Image
Listing number: P24-115210178, Image number: 6, Image
Listing number: P24-115210178, Image number: 7, Image
Listing number: P24-115210178, Image number: 8, Image
Property Overview
Listing Number
115210178
Type of Property
Apartment / Flat
Listing Date
13 November 2024
Erf Size
614 m²
Floor Size
60 m²
Price per m²
R 46 667
Rates and Taxes
R 2 488
Pets Allowed
Yes
Bedrooms
8
Bathrooms
4
Kitchens
4
Reception Rooms
4
Parking
15
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