R 525 000

Studio apartment in Glenwood

1 1 1 45 m²

Bachelor Flat for Sale | 13 Canterbury Grove | R550,000

An excellent investment opportunity in the heart of Bulwer. This bachelor flat is perfectly positioned for investors looking to generate steady rental income from student accommodation. The unit features a spacious open-plan living and sleeping area, a functional kitchen, and a bathroom, offering comfortable and practical living. Its layout makes it ideal for student or single-tenant rental.

One of the major advantages of this property is its prime location near Durban University of Technology, making it highly attractive for students seeking accommodation close to campus. The property is also conveniently located near Berea Centre, Musgrave Centre, and within easy reach of the Durban Harbour.

The flat is rates exempt, helping to keep monthly expenses low, with levies of approximately R870, making this a cost-effective investment with strong rental potential.

Property Details:

- Bachelor flat

- Selling Price: R550,000

- Rates Exempt

- Levies: R870

- Ideal for student accommodation investment

- Close to universities shopping centres, and major transport routes

This is a fantastic opportunity for investors looking to secure property in a high-demand rental area.

Contact me today to arrange a viewing.

CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.