Apartment Block for sale in Dundee, KwaZulu Natal, 2741 m²

Dundee, KwaZulu Natal, KwaZulu Natal

Apartment Block

ZAR 6,000,000

• 36 bedrooms
• 19 bathrooms
• 2,741 sqm
• 2,741 m² plot

EXCELLENT INVESTMENT OPPORTUNITY-19-UNIT APARTMENT BLOCK IN DUNDEE NEAR CBD ideally situated near Dundee CBD, shops and schools, this income generated property offers an excellent opportunity for investors looking to expand their property portfolio and establish a long-term rental income. The property comprises freestanding two-bedroom units, two additional two-bedroom units converted from the main house, one one-bedroom unit in the main house and one freestanding bachelor unit. Each unit features an open plan kitchen and lounge, a bathroom fitted with a shower, fully tiled floors, built-in cupboards in the bedrooms, a kitchen sink unit and an individual prepaid electricity meter. The property is fully walled with a high boundary walls, an electric entrance gate and a fully paved yard. Individual electrical meter boxes are located within the premises, offering added convenience. Selected units have outdoor washing basins and designated washing lines. While some units require minor maintenance, this property presents an opportunity to enhanced its value while benefiting from its establishment multi-unit rental setup. A promising long-term investment in a convenient Dundee location,…