- 16
- 16
- 1 038.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 7000.00
Property description
8-Unit Apartment Block Investment Opportunity in Musgrave
This brand-new apartment block in Musgrave presents a compelling income-generating investment opportunity. The property comprises 8 spacious 2-bedroom units, each featuring a main bedroom with en-suite, 2 bathrooms, fully fitted kitchen, and open-plan lounge and dining area. Every unit includes a small laundry room and 2 open bay parking spaces, with 4 units offering patios and 4 units featuring balconies.
Located in one of Durban's most sought-after areas, this secure, upmarket complex sits off Ridge Road near the Toll Gate Bridge, ensuring high visibility and prestige. The property benefits from proximity to UKZN, DUT, major hospitals, and the city centre. Walking distance to Musgrave Centre and The Atrium provides residents with convenient access to shopping and dining. Top-rated schools including DHS School, Ridge Park School, and Maris Stella are nearby, making this ideal for families and professionals alike.
The building features automated driveway gates, designated parking for each unit plus visitor parking, and clothes lines for resident convenience. The 1,038 sqm complex is designed for modern living and investor returns. This property is perfectly suited for consortiums and entrepreneurs seeking a stable, income-generating asset with strong rental potential in a thriving location.
Key Features
8 x 2-bedroom, 2-bathroom units with en-suite main bedrooms
Fully fitted kitchens and open-plan living areas in each unit
2 open bay parking spaces per unit plus visitor parking
4 units with patios, 4 units with balconies
Automated driveway gate and secure complex
Prime location near Toll Gate Bridge and Ridge Road
Walking distance to Musgrave Centre and The Atrium
Close to UKZN, DUT, hospitals, and top schools
Contact us today to arrange a viewing and discover how this exceptional property can deliver strong returns and long-term growth potential for your investment portfolio.
Property Details
- 16 Bedrooms
- 16 Bathrooms
- 1 Ensuite
- 8 Lounges
- 8 Dining Area
Property Features
| Bedrooms | 16 |
| Bathrooms | 16 |
| Erf Size | 1 038.0 m2 |
