2 Bed Apartment in Essenwood

2 1 59 m²

Investment Property Essenwood

Nestled in the charming neighborhood of Essenwood in Durban, this investment property presents a promising opportunity for savvy investors. Featuring two bedrooms, one bathroom, and a convenient parking space, this property offers the ideal combination of comfort and practicality.

While the bedrooms and bathroom may require a touch of tender loving care (TLC), this presents a fantastic chance for investors to add value and customize the space to attract tenants seeking a cozy yet affordable living arrangement.

With a rental income potential boasting a 10% yield, this property promises a strong return on investment. Essenwood''s desirable location ensures consistent demand from renters seeking proximity to the city center, schools, and recreational amenities.

Investors can capitalize on the property''s potential by renovating and modernizing the interior while keeping the investment costs manageable. With Durban''s rental market remaining robust, this investment property offers both short-term rental income and long-term appreciation prospects.

Don''t miss out on the opportunity to secure a lucrative investment in one of Durban''s most sought-after neighborhoods. Take advantage of the potential for high rental returns and capitalize on the enduring appeal of Essenwood.

Property details

  • Listing number T4596525
  • Property type Apartment
  • Floor size 59 m²
  • Rates and taxes R 596

Property features

  • Bedrooms 2
  • Bathrooms 1
  • Lounges 1
  • Dining Areas 1

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