1.5 Bedroom Apartment / flat for sale in Durban Central
Durban Central, Durban, KwaZulu-Natal
Listed by
Nhlanhla Bhengu
Just Property Alpha
Details
?This property presents a rare, immediate cash-flow opportunity for the astute investor seeking a foothold in the bustling heart of Durban Central. Listed at an attractive price of R 320,000, this 1.5-bedroom unit is an outstanding asset that punches well above its weight in terms of potential returns. ?The true value of this acquisition lies in its operational efficiency. Unlike many properties that require time-consuming marketing and tenant vetting, this unit comes with a stable, income-generating tenant already in place. With the current tenant paying R 4,000 per month, this investment delivers a remarkable gross yield, positioning it as a powerhouse for cash flow. You effectively bypass the standard vacancy period, allowing you to begin recouping your capital investment from the very first day of ownership. ?Located on the prestigious Anton Lembede Road, the flat enjoys a prime position within the city’s primary commercial and retail artery. The 1.5-bedroom configuration is a major competitive advantage in the local rental market, offering the necessary versatility to attract long-term tenants who require space for a home office or extra storage. This strategic location ensures consistent demand, minimizing your long-term vacancy risk while the central city regeneration continues to support property value. ?This is a turnkey solution for any portfolio, combining a low barrier to entry with high-performance rental returns. Opportunities to secure a tenanted asset of this quality at such a competitive price point are infrequent. This property is primed for an investor who values stability, immediate income, and a straightforward, high-yield acquisition
Location
Map showing the location of 1.5 Bedroom Apartment / flat for sale in Durban Central