This investment property in Brindhaven, Verulam, Durban offers a strong opportunity for income generation and future growth.

Property Overview:
Location: Brindhaven, Verulam, Durban

Asking Price: R1,400,000

Current Rental Income: R18,000 per month

Number of Units: 9 rental units

Parking: Secure parking for up to 10 vehicles
Facilities: Each unit has a private bathroom and toilet, prepaid electricity, and water

Financial Status: Municipal rates and utility accounts are fully paid and up to date

Additional Space: Large yard with potential for additional units (subject to municipal approval)
Area: High-demand rental location with strong investment potential

Ideal For:
Property investors looking for immediate cash flow
Expanding a rental portfolio
Housing students or workforce
Long-term passive income generation

If you are considering investing in property with immediate rental income and longer-term development potential, this could be a solid option to explore.

Would you like advice on how to proceed with evaluating this property or steps for arranging a viewing?