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Reliable rental income in a medical and academic hub near King Edward Medical School and Hospital and shops, freehold block with basement entrance — 20 beds, 15 baths, 12 covered parking.
Superb high yielding investment
Positioned in the heart of rental attraction
Rental is sought after by engeneers working at Bayhead; doctors, health workers and student doctors; the professionals and UKZN students
Building has four floors (no lift), fourth level is basement with its own entrance
The block comprises of;
4X3 Bedrooms with 2X bathrooms (main bedrooms with en suite)- current rent: R7 300 each
2X2 Bedrooms with 2X bathrooms (main bedrooms with en suite) - current rent: R6 300 each
1X2 bedrooms with 1X bathroom - current rent: R6 000
1X1 bedroom - current rent: R5 500
1X1 studio apartment
3X servants quarters
Windows and doors present aluminum frames
No levies ( freehold block)
Rates: R1 900
Snap up this superb investment opportunity
Positioned close to schools, shopping centers and shops, public transport and King Edward Medical school and hospital
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R5,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 438 listings in Durban (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 171% above the median. Floor size is 138% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
438 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 97 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Umbilo is a centrally located, established residential suburb that offers affordable housing options and convenient access to Durban's major industrial hubs and city center.
* Distances and amenities are approximate.
