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Durban Central, Durban Central, Durban, KwaZulu-Natal
R 1 699 000
This spacious 3-bedroom apartment is perfectly positioned on Margaret Mncadi Avenue, right next to the harbour, in a high-demand rental area known for strong tenant occupancy and consistent interest. The unit has been strategically configured into 6 rental rooms, making it an ideal opportunity for investors seeking a property with an existing multi-tenant setup. The layout is designed to maximize space and functionality, catering well to communal living arrangements. The apartment includes a shared kitchen and 2 bathrooms, providing convenience for multiple occupants. Its prime location and practical configuration make it especially attractive for student accommodation or working professionals, ensuring ongoing rental demand. Property Feature 3 Bedrooms (original layout) Currently configured into 6 rental rooms 2 Bathrooms Communal Kitchen Spacious and versatile interior Location Highlights: Situated on Margaret Mncadi Avenue Walking distance to the harbour High rental demand area Close to public transport routes, shops, and key amenities CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 16 044
on a R 1 529 100 bond over 20 years at 11.25%
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Durban Central, Durban Central, Durban, KwaZulu-Natal
Fair-value check
Priced highPriced 170% above comparable 3-bed apartments for sale in Durban Central
Based on 48 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Annika Naidoo
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