R1,590,000
139 Winchelsea road, Bluff, Durban
Monthly Bond Repayment R16,956.23
Calculated over 20 years at 11.5% with no deposit.
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Monthly Rates
R1,250
R1,250
Once in a lifetime...
Brace yourself to be overwhelmed by this lucrative investment opportunity situated in Grosvenor, Bluff consisting of four rental units offering potential income of R25,000 per month. This area, known for its scenic views and proximity to coastal amenities, could attract a diverse range of tenants, from families to professionals, due to its desirable location.
### Key Features:
1. *Monthly Income*: R25,000 per month from rent suggests each unit could bring in an average of R6,250 monthly. Depending on the demand and size of units, this could vary.
2. *Property Location*: Grosvenor Bluff is likely situated in a prime, upscale neighborhood, which could drive consistent demand and possibly increase rental rates over time.
3. *Potential Returns*: The steady rental income could make it a good cash flow asset, especially if operating costs (maintenance, property management, taxes) are lower than income, ensuring a positive return on investment.
4. *Capital Appreciation*: Properties in high-demand coastal areas often see good long-term appreciation, enhancing the overall profitability of the investment.
5. *Tenant Demand*: Given the area's appeal, the units could see high occupancy rates with potential for rental rate increases, making it attractive for long-term investment.
### Key Features:
1. *Monthly Income*: R25,000 per month from rent suggests each unit could bring in an average of R6,250 monthly. Depending on the demand and size of units, this could vary.
2. *Property Location*: Grosvenor Bluff is likely situated in a prime, upscale neighborhood, which could drive consistent demand and possibly increase rental rates over time.
3. *Potential Returns*: The steady rental income could make it a good cash flow asset, especially if operating costs (maintenance, property management, taxes) are lower than income, ensuring a positive return on investment.
4. *Capital Appreciation*: Properties in high-demand coastal areas often see good long-term appreciation, enhancing the overall profitability of the investment.
5. *Tenant Demand*: Given the area's appeal, the units could see high occupancy rates with potential for rental rate increases, making it attractive for long-term investment.
Features
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
5
Kitchen
4
Reception Rooms
7
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
10
Flatlet
3
Domestic Accomm.
1
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
1,170m²