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R1,695,000 | 9 Bedroom Apartment Block For Sale in Northdale

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R1,695,000

Monthly Bond Repayment R16,638.85
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R2,763

Nine Bedroom Apartment, High Yield Multi Unit Investment with Proven Appeal!!!

Positioned for consistent yield, this four unit residential asset in Northdale, Pietermaritzburg presents a compelling addition to any discerning investor’s portfolio. Designed with functionality and tenant appeal in mind, the building accommodates multiple occupants with ease, creating a dependable income stream from day one.

Each unit has been thoughtfully configured to maximize occupancy and comfort, offering well proportioned bedrooms, neatly finished bathrooms, and flowing living zones that encourage long term tenancy. The kitchens are practical yet inviting, allowing for effortless day to day living, while the durable vinyl tiles throughout ensure longevity with minimal upkeep. Natural light filters through the interiors, enhancing the overall sense of space and livability, an important factor in tenant retention.

The structure itself is securely enclosed, creating a controlled environment that tenants value. Reinforced access points, boundary walls, and protective fittings contribute to peace of mind, while private outdoor elements such as balconies introduce lifestyle appeal that elevates the rental experience. These subtle touches play a key role in attracting and keeping quality occupants.

Set within a high demand rental pocket with easy access to essential amenities, this is an acquisition that aligns with both immediate returns and long term capital appreciation. A well balanced asset, offering stability, scalability, and enduring appeal.

Features

9
8
Pets Allowed
No
Interior
Bedrooms
9
Bathrooms
8
Kitchen
4
Reception Rooms
5
Furnished
No
Exterior
Security
No
Parkings
5
Pool
No
Sizes
Land Size
632m²
Extras Balcony; Bath, Toilet and Basin; Burglar Bars; Guest Toilet; Double Storey; Security Gate; Perimeter Wall; Shower, Toilet and Basin; North; Conventional; Steel; Open Plan Kitchen
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-29.566188, 30.388044
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