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Durban Central, Durban Central, Durban, KwaZulu-Natal
R 320 000
?This property presents a rare, immediate cash-flow opportunity for the astute investor seeking a foothold in the bustling heart of Durban Central. Listed at an attractive price of R 320,000, this 1.5-bedroom unit is an outstanding asset that punches well above its weight in terms of potential returns. ?The true value of this acquisition lies in its operational efficiency. Unlike many properties that require time-consuming marketing and tenant vetting, this unit comes with a stable, income-generating tenant already in place. With the current tenant paying R 4,000 per month, this investment delivers a remarkable gross yield, positioning it as a powerhouse for cash flow. You effectively bypass the standard vacancy period, allowing you to begin recouping your capital investment from the very first day of ownership. ?Located on the prestigious Anton Lembede Road, the...
Estimated monthly repayment
R 3 022
on a R 288 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Durban Central, Durban Central, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 56% below comparable 3-bed apartments for sale in Durban Central
Based on 25 comparable listings
A market signal from comparable listings — not a formal valuation.
