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Morningside, Morningside, Durban, KwaZulu-Natal
R 1 450 000
Perched on a higher floor within the ever-popular 262 Florida Road, this sleek one-bedroom, one-bathroom apartment with a secure parking bay offers the ideal blend of modern comfort and strong investment appeal. Elevated above the vibrant street below, the unit boasts pleasant views from a private balcony — the perfect spot to unwind after a long day. The contemporary kitchen is beautifully appointed with premium Smeg appliances, including a stove, oven, and extractor, delivering both style and functionality. Its open-plan design flows effortlessly into the living area, creating a light-filled, practical space suited to everyday living. From an investment perspective, this property ticks all the right boxes. It performs exceptionally well on Airbnb, generating approximately R1,500 per night, and is currently tenanted at R10,000 per month — providing immediate income. Whether you’re considering short-term letting or a stable long-term rental, the flexibility here is a major advantage. Ideally located in the heart of Florida Road, you’ll have an array of top restaurants, cafés, and essential amenities just steps away, with easy access to key business districts. Perfect for young professionals or savvy investors, this apartment is a standout opportunity in a prime location.
Estimated monthly repayment
R 13 693
on a R 1 305 000 bond over 20 years at 11.25%
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Morningside, Morningside, Durban, KwaZulu-Natal
Fair-value check
Priced highPriced 71% above comparable 1-bed apartments for sale in Morningside
Based on 277 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Mpho Ndlovu
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