PRIME RESIDENTIAL INVESTMENT OPPORTUNITY

Back Building – Amanat Mansions, Overport

Asking Price: R9,000,000

Don't miss this exceptional opportunity to acquire the back building of Amanat Mansions, a fully tenanted sectional title apartment block offering immediate rental income and excellent long-term investment potential.

Perfectly situated on Felix Dlamini Road, Overport, this property enjoys a prime location close to schools, places of worship, shopping centres, public transport and all essential amenities, making it a highly sought-after rental investment with consistently strong tenant demand.

Property Features

• 18 Sectional Title Apartments
  • 6 Balcony Units (56m² each)
  • 12 Standard Units (54m² each)

Building Layout

• Ground Floor – 5 Units
• First Floor – 5 Units
• Second Floor – 5 Units
• Third Floor – 4 Units
• Fourth Floor – 4 Units

Each Apartment Offers

• 1 Bedroom
• Separate Lounge
• Entrance Hall
• Kitchen
• Separate Toilet
• Bathroom with Shower
• Washing Machine Connection
• Tiled Flooring Throughout
• Basic Built-in Cupboards
• Units are in fair condition

Exterior Features

• Night Security
• Motorised Vehicle Entrance Gate
• Secure Pedestrian Gate
• Tarred Driveway
• One Allocated Parking Bay per Unit
• Fibre Connectivity

The exterior of the building is managed by the Body Corporate, with exterior painting currently under consideration for completion by the end of the year.

Excellent Investment Returns

• Fully tenanted with established occupants
• Current rental income of approximately R80,000 per month
• Annual rental escalations provide increasing returns
• Individual sectional title units offer flexibility for future resale or portfolio diversification
• Immediate income from date of transfer

Prime Location

Located in the heart of Overport on Felix Dlamini Road, this property is within easy reach of:

• Schools
• Places of Worship
• Shopping Centres
• Medical Facilities
• Public Transport
• Major Transport Routes

Its central location and strong rental demand make this an ideal investment for buyers seeking a stable, income-generating property with excellent future growth potential.

Asking Price: R9,000,000

A rare opportunity to secure a high-yield residential investment in one of Durban's most established rental markets. Contact us today for further information or to arrange a private viewing.