A Deal You Don’t Want to Miss

ZAR 770,000
  • 0.5 Bedrooms
  • 1 Bathroom
  • ~31 m² Living area

Description

Presented by Engel & Völkers, Secure an exceptional investment in one of Umhlanga's most sought-after locations. This well positioned ground floor unit offers convenience, strong rental potential and outstanding long-term growth prospects. The property is currently tenanted, generating a rental income of R7,500 per month, with the existing tenant happy to sign a long-term lease, providing immediate and reliable income for investors. Adding to its future appeal, a major university development is planned for the area, with the project expected to commence in 2027. This significant development is anticipated to drive increased demand for rental accommodation, making this an ideal opportunity to invest ahead of future growth. Whether you're looking to expand your investment portfolio or secure a property with excellent capital appreciation potential, this ground floor unit offers the perfect combination of location, stable rental income, and promising future demand. Key Features: Prime Umhlanga location Ground floor unit with easy access Existing tenant paying R7,500 per month Tenant willing to sign a long-term lease Excellent investment opportunity with immediate rental income Expected increase in rental demand due to the upcoming university development planned for 2027 Close to shopping centres, major transport routes, beaches, and business hubs
engel & völkers shop image

Engel & Völkers Umhlanga

Your advisor: Lungani Tshabalala

Property ID: ENV206288

Property details
  • Object type

    Flat

  • Bedrooms

    0.5

  • Bathrooms

    1

  • Parking spaces

    1

  • Living area

    ~31 m²

Request all property details

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by Petim Properties (Pty) Ltd.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact. You can find out in detail which data Petim Properties (Pty) Ltd. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

  • Receive full property details.

  • Get in touch with an advisor.

  • Confidential - data stays with E&V.

Nearby properties

These homes might interest you

  • Umhlanga, KwaZulu-Natal, South Africa

    Starter home in Umhlanga

    ZAR 880,000

    • 1 Bedroom
    • 1 Bathroom
    • ~40 m² Living area
    • ~26,324 m² Plot surface

Your shop

Engel & Völkers Umhlanga

engel & völkers shop image

Provider:

Petim Properties (Pty) Ltd.

Privacy policy of content provider

License partner of Engel & Völkers Southern Africa (Pty) Ltd.

wavy pattern