- 10
- 5
- 1 279 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1040.00
Property description
This well-maintained five-unit commercial property in the sought-after suburb of Sparks, Durban, offers an excellent investment opportunity with strong rental returns. Set on a generous 1,279 sqm erf, the property comprises 10 bedrooms, 5 bathrooms, and 5 fully functional kitchens, making it ideal for multi-tenant accommodation or a guesthouse-style operation.
Each unit is fitted with tiled flooring, built-in wardrobes, prepaid electricity, and separate water meters, allowing for efficient individual billing. The property also provides ample off-street parking for up to 10 vehicles, a valuable feature for any commercial venture.
Currently generating a total monthly rental income of R34,000, this property offers multiple income streams and excellent long-term potential. Conveniently located near major transport routes and local amenities, it is perfectly positioned for ongoing commercial use or future development.
Key Features:
5 Self-Contained Units
10 Bedrooms
5 Bathrooms
5 Kitchens
Prepaid Electricity & Separate Water Meters
Parking for 10 Vehicles
1,279 sqm Erf
Monthly Rental Income: R34,000
Property Details
- 10 Bedrooms
- 5 Bathrooms
Property Features
| Bedrooms | 10 |
| Bathrooms | 5 |
| Erf Size | 1 279 m2 |
