33 BACHELOR UNITS | 31 TENANTED | INVESTMENT OPPORTUNITY – BULWER, DURBANEstablished Rental Investment with Student Accommodation PotentialAn exceptional investment opportunity in the established and sought-after suburb of Bulwer, Durban.This well-maintained residential property comprises 33 bachelor units situated over three floors, with 31 units currently occupied by tenants. The property offers an established rental income stream while presenting further potential to increase returns through full occupancy and/or conversion into a dedicated student accommodation offering.Each bachelor unit is designed for convenient, independent living and comprises:Bedroom/living area Kitchenette Built-in cupboard Sink-top En-suite bathroom Instant geyser/heater Prepaid electricity meter Prepaid water meter The individual metering provides effective control over utility consumption and assists with streamlined rental management.The property is equipped with a range of security and infrastructure features, including:CCTV surveillance system Electric fencing Controlled access This property offers an attractive proposition for investors seeking an established, high-density rental property with multiple income-producing units.With 31 of the 33 units already rented, the property provides an existing tenant base and immediate income potential. The two currently vacant units create an opportunity for a new owner to increase occupancy and further optimise the property's rental return.The configuration of the property also makes it particularly suitable for student accommodation, subject to the relevant municipal zoning, building, licensing and accommodation requirements.Situated in Bulwer, Durban, the property is positioned in an established residential area with convenient access to Durban's major amenities, educational institutions, public transport routes, shopping facilities and commercial nodes.Its location and high-density configuration make it suitable for a variety of rental strategies, including young professionals, students and long-term residential tenants.WHY THIS PROPERTY?✔ 33 bachelor units ✔ 31 units currently occupied ✔ Established rental income ✔ Opportunity to achieve 100% occupancy ✔ Potential student accommodation use ✔ Individual prepaid electricity meters ✔ Individual water meters ✔ En-suite facilities ✔ CCTV security ✔ Electric fencing ✔ Controlled access ✔ 2 JoJo tanks ✔ 7 parking spaces ✔ 620 m² land ✔ Well-maintained investment property AN INVESTMENT WITH INCOME AND GROWTH POTENTIALWhether you are an established property investor, accommodation operator or investor looking to expand your rental portfolio, this property offers a rare opportunity to acquire a multi-unit residential investment with an existing tenant base and further income optimisation potential.Contact us today to arrange a private viewing and obtain further information regarding the rental schedule and investment opportunity.