Investors: secure steady rental income near Durban Harbour and Bayhead industrial precinct, with excellent transport links. Fully walled complex with automatic gates, 33 two and 2.5-bedroom units.
Affordable Investment Opportunity | 33-Unit Apartment Complex
An exceptional opportunity has become available for buyers and investors looking to secure one of the most affordable apartment options in the area.
This well-positioned property consists of three apartment blocks situated on one fully walled property, offering a total of 33 units:
Block A: 9 Units
Block B: 12 Units
Block C: 12 Units
Each unit offers 2 bedrooms and 1 bathroom, with several units featuring a 2.5-bedroom layout, providing extra versatility for tenants or families.
While the apartments inside require some TLC, they offer tremendous value and potential for buyers willing to add a little polish. The competitive pricing reflects the opportunity to renovate and add value while securing property in a convenient and well-connected location.
Property Features
33 units in total
2 bedroom and 2.5 bedroom configurations
Granite-top kitchens
Prepaid electricity meters
Individual water meters
Automatic driveway gates
Fully walled property for added security
Low levies
Prime Location for Harbour
The property is ideally located close to the Bayhead industrial area on the Bluff, making it especially convenient for those working in Durban Harbour and the Island View industrial precinct.
Residents will also enjoy easy access to:
Public transport routes
Schools
Clinics and doctors
Churches
Local shops
Major amenities
Important Notes
Great return on investment for investors.
If you are looking for value, location, and long-term potential, this is an opportunity worth exploring.
Contact me today to arrange a walk-through and submit your offer...
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R15,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 19 listings in Bluff
Insight
Priced above the median for similar properties in the area.
Similar properties pricing
Market depth
19 similar listings
Medium similar-home inventory in Bluff
Median time on market: 107 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
The Bluff is a coastal suburb known for its relaxed, community-oriented atmosphere, stunning ocean views, and proximity to both industrial hubs and pristine natural beaches.
* Distances and amenities are approximate.