2 Bedroom Apartment in Bulwer

Potential Gross Yield of Over 17

Current rental income of R10 500 per month, with the potential to increase to approximately R14 000 per month through a four room configuration, makes this a compelling opportunity for investors seeking strong returns in Glenwood''s established rental market.

The numbers speak for themselves:

Current rental income: R10 500 per month

Potential rental income: R14 000 per month

Rates: R802.33

Levy: R1 975.78

1 Secure parking bay

This spacious 108m2 apartment has been thoughtfully adapted to maximise income while preserving the flexibility to return to a traditional two bedroom home. Should a purchaser prefer a conventional layout, the existing drywall partitioning can be removed by the seller before transfer.

Large rooms, high ceilings and original wooden floors create accommodation that tenants actively look for, while the location continues to attract students, healthcare professionals and young working tenants thanks to its proximity to UKZN, St Augustine''s Hospital, Entabeni Hospital and the Durban CBD.

Whether you''re purchasing your first investment or adding to an existing portfolio, this is a property designed to deliver immediate income with the flexibility to adapt to future market demands.