Starter home in Umhlanga

Presented by Engel & Völkers, Prime Ground Floor Investment Opportunity in Umhlanga 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 R7,700 per month, 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 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