Dormehl Phalane Glenwood presents this well maintained block of flats located in Umbilo, fully tenanted. The kitchens has built-ins with stove & oven. Bedrooms with built-in wardrobes. All rooms have en suite bathrooms A secured parking for 10 vehicles. Two entrance/exits for cars (electric remote and manual gates) It's located near King Edward Hospital, Queensmead Mall, Motor Licensing, University of KwaZulu-Natal University-Medical School, China Plaza, Chester Meat Wholesale, Durban Primary School, Glenwood Christian School etc Best for investment 3X3 Bedrooms with 2X bathrooms 4X 2Bedrooms with 2X bathrooms 1X1 bedroom with en-suite bathroom 1X1 studio apartment 1 domestic quarters 3 pull up garage No levies Rates: R1 900 TOTAL INCOME R58 000pm Two bedrooms R7000pm Three bedroom R7500pm One bedroom R5000pm Bachelor R3000pm Possible R100 000 rental income if converted into student accommodation. Near UKZN medical school, Queensmead Mall and other shops , easy transport access, King Edward Hospital.
Purchase Price R 7 500 000
Monthly Rates1900
Type of PropertyApartment
Land Size1000 m2
Last Updated21 Feb 2025
Store RoomYes
Laundry1
Kitchen9
Bedrooms21
Bathrooms15
Lounges15
Dining Room15
Outdoor LivingPlaster
Garages3
Carports12
SecurityYes
RoofingTile
FlooringTiles
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