• Bedrooms: 3 Beds
• Bathrooms: 2 Bath
• Square:1,456 m²
• Property Type:Apartment

Prime Investment Opportunity: Fully Tenanted 13-Unit Residential Property in Durban North

Location: 7 Kenneth Kaunda Rd, Athlone, Durban North, 405

This exceptional sectional title property in the heart of Durban North offers a rare investment opportunity with immediate rental income. Fully tenanted with all units under a 1-year lease agreement, this property is a hassle-free addition to any investor’s portfolio.

Property Features:

Unit Configurations: A mix of 3-bedroom and 2-bedroom units, perfect for families and professionals.

Bathrooms: Each unit is designed with 2 bathrooms, including one ensuite for added privacy and convenience.

Balconies: All units feature private balconies, providing outdoor living spaces.

Views: Select units offer stunning sea views, adding to the property’s allure.

Parking: Each unit comes with an allocated parking bay, plus an additional 5 parking bays available for rent at a premium.

Investment Highlights:

Fully Tenanted: All 13 units are currently rented out with 1-year lease agreements, providing steady income from day one.

Prime Location: Situated in a prestigious neighborhood, close to schools, shopping centers, and Durban's iconic coastline.

Sectional Title: Flexible ownership allows for individual unit management or resale.

High Demand: Located in a thriving rental market with excellent growth potential.

This property is a turnkey investment opportunity, offering a combination of immediate returns and long-term value. Contact us today to learn more or to schedule a viewing. Don’t miss out on this prime piece of Durban North real estate!

• Open parking
• Balcony
• Security
• Air Conditioning
• Bedrooms
• Bathrooms
• En-suit
• Lounges
• Built in cupboard
• Security post