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174 Margaret Mcadi Avenue, Durban Central, Durban, KwaZulu-Natal
R 720 000
No Agents!! ## Turnkey Investment: High-Yield Apartment at The Gables with Reliable Tenants Secure an immediate, hassle-free income stream with this spacious 4th-floor apartment in The Gables—a highly sought-after, exceptionally well-run building directly opposite the vibrant Wilson’s Wharf. Boasting an established, reliable tenancy and breath-taking waterfront views, this property is a dream addition to any investment portfolio. ------------------------------ ## ?? Immediate Investor Benefits * Instant Cash Flow: Currently generating a steady rental income of R7,650.00 per month. * Guaranteed Stability: The long-term tenants have resided here for 3 years and have recently renewed their lease for an additional 1 year. * Low Risk: Enjoy immediate returns from day one of registration with zero tenant-sourcing costs or placement vacancies. ------------------------------ ## ? Key Features of the Property * Spectacular Harbour Views: Features direct, uninterrupted panoramas of the bustling Durban harbour from an elevated 4th-floor vantage point. * Generous 1.5 Bedrooms: Both rooms are equipped with ample, fully fitted built-in cupboards. * Open-Plan Layout: A seamless, fluid design connects the lounge, kitchen, and dining area to maximize the sense of space. * Modern Finishes: Durable, contemporary laminated flooring spans throughout the lounge and the bedrooms. * Functional Kitchen: Fitted with extensive built-in cupboards, offering excellent storage and efficient workspace. * Impeccable Building Management: Situated inside The Gables, a secure complex widely celebrated for being clean, financially stable, and strictly managed. ------------------------------ ## ?? Prime Location & Lifestyle Living directly opposite Wilson’s Wharf places waterfront dining, trendy cafes, and live entertainment right at the tenants' doorstep. The central location ensures quick access to corporate offices and major transport routes, guaranteeing high tenant demand for years to come. I'm willing to consider using a reputable transfering Attorney suggested by the buyer
Estimated monthly repayment
R 6 799
on a R 648 000 bond over 20 years at 11.25%
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174 Margaret Mcadi Avenue, Durban Central, Durban, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 4-bed apartments for sale in Durban Central
Based on 29 comparable listings
A market signal from comparable listings — not a formal valuation.
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