Spacious 1 Bedroom unit converted into 2 Bedroom layout in John Ross House

This 54 square meter, unfurnished sectional title apartment offers an exceptional high-yield investment opportunity within the iconic John Ross House skyscraper in Durban Central. Strategically optimized for maximum rental returns, the lounge in this unit has already been converted into an additional bedroom, allowing the property to comfortably accommodate up to three occupants if an investor chooses to partition the space further. Investors can anticipate a highly lucrative potential rental income of at least R3,500 per person excluding water and lights, or a total of R7,000 per unit.

Positioned on the Victoria Embankment, this prominent landmark is highly attractive to tenants due to its mixed-use structure, high-tech security, and the famous Roma Revolving Restaurant on the top floor. The multi-tenanted block features convenient ground-floor retail shops, including a Spar, alongside strict 24-hour access control and guard monitoring. The unit includes built-in cupboards, a basin, toilet, and shower, complemented by a scenic view. Given the constant influx of city workers and student tenants, there is a consistently high rental demand driven by the immediate proximity to the central business district and vital transport networks, including nearby minibus taxi and bus services.

With a monthly levy of R1,200 and rates at R425, this property is structurally and financially primed for a high-performing buy-to-let portfolio.