R950,000
R950,000
1 bedroom1 bathroom1 parking bayBuilding 58 m²Energy supplies: EskomWater supplies: Council Supply
Apartment sold in New Town Centre
Sublime business opportunity or simple luxury living
Prime Investment Opportunity – Daily Letting & Business Rights!
A rare find in the Gateway area! Few complexes allow daily letting, making this an exceptional opportunity. This property, along with a second unit in the same complex, holds business rights and has been successfully run as a daily BnB rental for the past 12 years, generating an average rental income of R25,000 per unit per month.
Purchase both units for just R2,000,000, fully furnished and with business status, securing a combined monthly income of R50,000, which peaks at R62,000 in December and January. Alternatively, buy them unfurnished at a lower price or as individual units.
Ideal for:
✅ Investors looking for a high-yield income property
✅ Students, young professionals, or retirees seeking a prime location
✅ Those wanting a stylish, fully furnished home with flexible letting options
Located just minutes from Gateway Shopping Centre and Cornubia Crescent, yet tucked away on a quiet road, this complex offers 24-hour manned security for peace of mind.
Listing details
Rooms
- Other rooms
- Kitchen
- Open plan kitchen with extractor fan, hob, stove and tiled floors
- Living Room
- Open plan living room with tiled floors
Other features
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uMhlanga Office
Shop 12, Lighthouse Quarter, 14 Chartwell Drive, uMhlanga, 4320, KwaZulu-NatalRegistered with the PPRA.Holder of a Business Property Practitioner FFC. Operating a Trust Account. A Franchise of Pam Golding Franchise Services (Pty) Ltd.Durban Coastal Invest (Pty) Ltd t/a Pam Golding Properties KZN Durban Coast
uMhlanga Office details