R520,000

R520,000

2 Bedroom Apartment For Sale in Durban Central
2
Bedrooms
1
Bathrooms
No Transfer Duty
Sole Mandate
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2 Bedroom Apartment In Durban Central

Web Ref. WRL86618
Land size 4003.00 m²
Floor size 46.00 m²
Monthly Bond Repayment
R5,104.54
Property Overview:

Presenting an exceptional opportunity for investors or first-time homeowners, this compact yet functional two-bedroom apartment is situated in the well-maintained Renaissance building at Maud Mfusi Street, in the vibrant heart of Durban Central. The unit features two small, comfortable bedrooms, a single well-appointed bathroom, and an open-plan kitchen seamlessly flowing into a small living area, maximizing the efficient use of its approximately 46 square meters of floor space. While the property does not include dedicated parking, residents and visitors benefit from secure access via a single main gate, ensuring controlled entry into the building.

Location and Lifestyle:

Nestled within Durban's bustling Central Business District (CBD), the Renaissance building offers an unparalleled urban lifestyle. This prime location is highly sought after by a diverse demographic, including students, young professionals, and city dwellers, owing to its immediate proximity to essential amenities and key attractions. Residents enjoy convenient access to a myriad of shops, reputable educational institutions, the iconic Durban Harbour, and the city's renowned beaches. The area's robust public transport network further enhances connectivity, making it an ideal hub for those seeking convenience and accessibility.

Investment Potential:

With Durban Central experiencing consistent demand for rental properties, particularly from the student and working-class populations, this apartment represents a compelling investment. Properties within the Renaissance building are frequently utilized as student residences, ensuring a high potential for year-round tenancy and attractive rental yields. The building's reputation for being well-maintained, coupled with the strategic location, underscores its appeal as a stable and profitable asset in the dynamic Durban property market, making it an affordable entry point into property ownership or a valuable addition to an investment portfolio.
Monthly Levy R1,016.19
Monthly Rates R383
Total R1,399.19

Features

Interior
2 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
Exterior
Security
Sizes
Land Size 4,003 m²
Floor Size 46 m²

Disclaimer

While every effort will be made to ensure that the information contained within the Wakefields website is accurate and up to date, Wakefields 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.