10 Bedroom Apartment in Greenbury

Exclusive Investment Opportunity Fully Tenanted Multi-Unit Complex for Sale

Phoenix, Durban

Asking Price: R3,225,000

Current Rental Income: Approximately R34,000 per Month

An outstanding opportunity to acquire a fully tenanted, income-generating property in the heart of Phoenix. This well-maintained multi-unit complex offers immediate rental returns, low-maintenance management, and excellent long-term investment potential.

Ideal for seasoned investors or buyers looking to expand their property portfolio, this property delivers consistent cash flow in a high-demand rental area.

Property Configuration

Main House

2 Bedrooms

1 Bathroom

Approximately 55m²

6 Parking Bays

Unit 1 & Unit 2 Ground Floor

2 Bedrooms

1 Bathroom with shower

Open-plan kitchen and lounge

Approximately 56m² each

1 Dedicated parking bay per unit

Unit 3 First Floor

2 Bedrooms

1 Bathroom with shower

Open-plan kitchen and lounge

Approximately 62m²

1 Dedicated parking bay

Unit 4 Upper Level

2 Bedrooms

1 Bathroom with shower

Open-plan kitchen and lounge

Approximately 64m² including a private covered balcony

1 Dedicated parking bay

Additional Features

Fully tenanted with an established rental income of approximately R34,000 per month

3-phase electricity supply

Individual prepaid electricity meters

Individual municipal council water meters

Fully gated and fenced for enhanced security

Well-maintained, low-maintenance complex

Excellent rental demand and investment potential

Investment Highlights

This exceptional property offers investors the advantage of immediate passive income with reliable tenants already in place. Separate utility metering simplifies management and billing, while the property''s strategic location in Phoenix ensures continued demand for quality rental accommodation.

Whether you''re expanding your investment portfolio or purchasing your first income-producing property, this is an opportunity not to be missed.

Asking Price: R3,225,000

Contact us today to arrange a private viewing and secure this outstanding investment opportunity.