Spacious 1 Bedroom unit converted into 2 Bedroom layout in John Ross House

Durban Central, Durban, KwaZulu Natal, KwaZulu Natal

Apartment

ZAR 550,000

• 2 bedrooms
• 1 bathrooms
• 54 sqm

Discover an exceptional, cash-flowing asset situated right on the Victoria Embankment in Durban Central. This spacious 54-square-meter sectional title apartment in the iconic John Ross House skyscraper offers an incredible high-yield opportunity specifically optimized for maximum rental returns. The original layout has already been cleverly modified by converting the lounge into an additional bedroom, allowing you to maximize occupancy and rental income immediately without any extra renovation costs. Investors can look forward to a highly lucrative potential rental income of approximately R7,000 per month, with high tenant demand driven continuously by inner-city professionals and students. John Ross House provides a seamless living experience for residents, featuring strict 24-hour manned security, high-tech access control, and ground-floor retail convenience including a Spar. Combined with a monthly levy of R1,200 and rates at R425, this structurally and financially optimized unit is a premier turnkey addition to any real estate portfolio. Positioned close to the central business district and vital transport networks, including nearby minibus taxi and bus services, vacancy rates…