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23 Chaucer, 13 Canterbury Grove, Glenwood, Durban, KwaZulu-Natal
R 550 000
Bachelor Flat for Sale | 13 Canterbury Grove | R550,000 An excellent investment opportunity in the heart of Bulwer. This bachelor flat is perfectly positioned for investors looking to generate steady rental income from student accommodation. The unit features a spacious open-plan living and sleeping area, a functional kitchen, and a bathroom, offering comfortable and practical living. Its layout makes it ideal for student or single-tenant rental. One of the major advantages of this property is its prime location near Durban University of Technology, making it highly attractive for students seeking accommodation close to campus. The property is also conveniently located near Berea Centre, Musgrave Centre, and within easy reach of the Durban Harbour. The flat is rates exempt, helping to keep monthly expenses low, with levies of approximately R870, making this a cost-effective investment with strong rental potential. Property Details: Bachelor flat Selling Price: R550,000 Rates Exempt Levies: R870 Ideal for student accommodation investment Close to universities shopping centres, and major transport routes This is a fantastic opportunity for investors looking to secure property in a high-demand rental area. Contact me today to arrange a viewing. 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 5 194
on a R 495 000 bond over 20 years at 11.25%
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23 Chaucer, 13 Canterbury Grove, Glenwood, Durban, KwaZulu-Natal
Liivra AI market value
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Fair-value check
Good valuePriced 15% below comparable 1-bed apartments for sale in Glenwood
Based on 137 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Johan Ngcobo
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