R420,000

Stunning Open-Plan Bachelor Flat in South Beach, DurbanLocation: Nedbank Circle, South Beach, DurbanProperty Details:- Type: Open-plan bachelor flat, perfect for student accommodation- Size: 41 square meters- Amenities: - Stunning ocean views - Parking that generates an additional R500 pm - Face recognition entry system for added security - Breakfast area with table and 2 benches - Tiled throughout, allowing for easy partitioning to accommodate up to 4 studentsIncome Potential:- Rental Income: +/- R6,500 pm (approximately R78,000 pa)- Parking Income: R500 pm (approximately R6,000 pa)Location:- Walking distance to the beach- Close to shopping centers and Spar (ground floor)- Convenience stores nearby- Beautiful views of Durban and the HarbourAsking Price: R480,000Investment Opportunity:This property offers a fantastic opportunity for investors looking to generate rental income. With its prime location, stunning ocean views, and potential for partitioning to accommodate up to 4 students, this flat is sure to attract tenants.