R 4 650 000

A well-maintained four-unit residential investment complex situated in the established Overport suburb of Durban, KwaZulu-Natal. The three-storey building comprises four contemporary apartments — two two-bedroom/one-bathroom units and two two-bedroom/two-bathroom units — making it an ideal income-generating asset or future redevelopment opportunity on multi-use zoned land.

Each apartment is finished to a clean, modern standard with open-plan living, dining, and kitchen areas. Kitchens are fitted with white built-in cupboards, grey tile splashbacks, a hob, and a built-under oven. Neutral grey walls, crisp white cornice, and large-format light-coloured floor tiles deliver a contemporary, low-maintenance aesthetic throughout. Custom built-in fittings in bedrooms maximise storage.

The complex is fully secured with a motorised sliding gate, fully walled perimeter, and basement parking. A JoJo water storage tank provides back-up water supply. All units are fitted with prepaid electricity meters, simplifying utility management for the investor.

Each unit currently generates monthly rental income of between R7 800 and R8 200, offering stable, reliable returns. The property's multi-use zoning further supports long-term capital growth and potential redevelopment.

The location is a standout feature: Overport Secondary School is roughly 120 m away, a pharmacy and everyday conveniences are within 100 m, and popular eateries including Roman's Pizza and Kebabish are virtually on the doorstep — making these units highly attractive to tenants seeking walkable urban living.