1 Bedroom Apartment / flat on auction in Durban Central

Going on Auction: Wednesday 29 July 2026 Reserve Price: R410 000.00. (All offers will be reviewed) Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on the fall of the hammer (Payable by the buyer) Prime city apartment offering value and convenience. This well-maintained one-bedroom apartment offers comfortable and practical living in a secure, well-managed complex. The unit features a spacious bedroom, a full bathroom, an open-plan lounge and dining area, and a functional kitchen fitted with built-in cupboards, a freestanding stove and oven. Finished with a combination of parquet and linoleum flooring, the apartment is ideal for first-time buyers, investors or those looking to downsize. The complex offers excellent security with twenty-four-hour guarded access, biometric access control, CCTV surveillance and burglar bars. The property currently generates a rental income of R5,900 per month, has no lease in place, and will be vacant on transfer, providing flexibility for both investors and owner-occupiers. Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.