This is a Great Investment Flat, as others have sold for R600 000 in the building in 2023.
The work required to fix this flat up to rent out is: Painting and securing loose tiles in places, once this is done the apartment could rent for R7500 per month.
The property has 2 bedrooms, a bathroom, separate toilet, a large lounge and balcony.
The building is very well run with security on the entrance and an active supervisor.
It''s time to get in now as interest rates are coming down and lots of plans in Durban to fix and rejuvenate the City.
The address is 47 Diakonia Avenue, and the building name is Ruslynn.
I can help you find a tenant, and manage the property through RE/MAX.
