11 Bed Apartment in Musgrave
Acquire Safety, income, and capital gains with this investment steal. Take in the view and enjoy living in this three bedroom top floor unit while reaping the benefits from the ground floor that can be let out to nine individual tenants.
The ground floor is 413 sqm and has been converted into 6 separate units each including its own bathroom and kitchen space.
Each unit varies in size thus yielding a different income per unit.
The main house on the ground floor has been utilized for three young professionals. This includes three spacious bedrooms, a communal kitchen, lounge and bathroom area.
A large outdoor pool is included for tenants to enjoy the Durban weather.
The ground floor includes eleven entrances making it easy and accessible for tenants to go in and out.
The top floor is 333 sqm.
It has its own entrance and is one unit comprising of a kitchen that includes a pantry ,storage room and balcony area,formal lounge and casual lounge aswell as office area.
An enclosed balcony leads to three bedrooms, one ensuite with a walk-in closet and a communal bathroom
Two double parking garages are available aswell as ten open bay parkings.
Contact Maseeha for further queries regarding potential income per month.
Property details
- Listing number T4062667
- Property type Apartment
- Listing date 23 Feb 2023
- Land size 1 622 m²
- Floor size 746 m²
- Rates and taxes R 6 165
- Levies R 5 993
Property features
- Bedrooms 11
- Bathrooms 11
- En-suite 9
- Lounges 2
- Garage parking 2
- Balcony
- Built in cupboards
- Pool
- Walk in closet
- Kitchen
- Pantry
- Aircon