International
R320,000

R320,000

1.5 Bedroom Apartment For Sale in Durban Central
1.5
Bedrooms
1
Bathrooms
No Transfer Duty
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Exceptional High-Yield Investment: Tenanted 1.5-Bedroom Flat on Anton Lembede Road

Web Ref. RL980674
Land size 365.00 m²
Floor size 45.00 m²
Monthly Bond Repayment
R3,141.25
​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 flat enjoys a prime position within the city’s primary commercial and retail artery. The 1.5-bedroom configuration is a major competitive advantage in the local rental market, offering the necessary versatility to attract long-term tenants who require space for a home office or extra storage. This strategic location ensures consistent demand, minimizing your long-term vacancy risk while the central city regeneration continues to support property value.
​This is a turnkey solution for any portfolio, combining a low barrier to entry with high-performance rental returns. Opportunities to secure a tenanted asset of this quality at such a competitive price point are infrequent. This property is primed for an investor who values stability, immediate income, and a straightforward, high-yield acquisition
Monthly Levy R1,500
Monthly Rates R332
Total R1,832

Features

Interior
1.5 Bedrooms
1 Bathroom
1 Kitchen
Exterior
Security
Scenery / Views
Sizes
Land Size 365 m²
Floor Size 45 m²
Additional Amenities
24 Hour Access
Bath, Toilet and Basin
Burglar Bars
Half Bedroom
Curtain Rails
Built in Wardrobes
Lighting
Listing Info
Date Listed 29-04-26

Disclaimer

While every effort will be made to ensure that the information contained within the Just Property Group website is accurate and up to date, Just Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.