R4,500,000
R4,500,000
8 Bedroom Apartment Block For Sale in Hillary
8
Bedrooms
4
Bathrooms
8
Parkings
Exclusive Mandate
Ref. RLS996717
Land 1534.00m²
Floor 280.00 m²
Monthly Repayment
R44,173.95
Sbusiso Masondo
Sbusiso Masondo Candidate Property Practitioner Seeff Queensburgh & Chatsworth
Jan Vermeulen
Jan Vermeulen Selling Licensee Seeff Queensburgh & Chatsworth PPRA Registered | FFC 2023222301
Monthly Rates R3,688
Total R3,688

Prime Investment Opportunity: Modern 4-Unit Apartment Block in Hillary

Web Ref. RLS996717
This is a rare chance to secure a high-yield, low-maintenance investment in the heart of Hillary. This newly developed block of flats consists of four contemporary two-bedroom apartments, each thoughtfully designed to attract quality tenants and maximize rental returns.

Unit Features:
Each of the four units offers a sleek, uniform layout designed for modern living:
• 2 Spacious Bedrooms: Well-sized rooms with ample natural light.
• Open-Plan Living: A seamless flow from the lounge into a modern kitchen, perfect for entertaining and a spacious feel.
• Private Balcony: Each unit includes its own outdoor space, ideal for relaxing or enjoying a morning coffee.
• Full Bathroom & Toilet: Clean, modern finishes and high-quality fixtures.
• Energy Efficient: Designed with contemporary materials to ensure long-term durability and style.

Property Amenities & Security
The complex is built with convenience and safety as top priorities:
• Secure Access: Fully fenced property with a remote-controlled gate.
• Dedicated Parking: Each unit comes with its own single parking bay within the secure perimeter.
• Low Maintenance: Modern facebrick or high-quality plastered finishes (depending on specific build) mean minimal upkeep for the owner.
• Prime Location: Situated in the quiet, residential suburb of Hillary, with easy access to local schools, shopping centers, and major transport routes.

Investment Potential
Whether you are looking to expand your portfolio or start a multi-family living arrangement, this property offers:•High Rental Demand: 2-bedroom units are the most sought-after rental size in the area.
• Sectional Title Ready: Potential to sell units off individually in the future.
• Turn-key Ready: No renovations.
• Current full tenant Renting R7500 per unit, it means collection figures per blocks pay out R29 700

Features

Interior
8 Bedrooms
4 Bathrooms
4 Kitchens
4 Lounges
Exterior
8 Parkings (Secure Parking)
Pet Friendly
Sizes
Land Size 1,534 m²
Floor Size 280 m²

Hillary, Durban

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Finance

Monthly Repayment
R0,00
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