1 Bedroom Flat in South Beach
Great investment opportunity!!!!
Stunning Open-Plan Bachelor Flat in South Beach, Durban
Location: Nedbank Circle, South Beach, Durban
Property Details:
- Type: Open-plan bachelor flat, perfect for student accommodation
- Size: 41 square meters
- Amenities:
- Stunning ocean views
- Parking that generates an additional R500 pm
- Face recognition entry system for added security
- Breakfast area with table and 2 benches
- Tiled throughout, allowing for easy partitioning to accommodate up to 4 students
Income Potential:
- Rental Income: +/- R6,500 pm (approximately R78,000 pa)
- Parking Income: R500 pm (approximately R6,000 pa)
Location:
- Walking distance to the beach
- Close to shopping centers and Spar (ground floor)
- Convenience stores nearby
- Beautiful views of Durban and the Harbour
Asking Price: R480,000
Investment Opportunity:
This property offers a fantastic opportunity for investors looking to generate rental income. With its prime location, stunning ocean views, and potential for partitioning to accommodate up to 4 students, this flat is sure to attract tenants.
Property details
- Listing number T5237055
- Property type Flat
- Listing date 19 Sep 2025
- Floor size 41 m²
- Rates and taxes R 1 016
- Levies R 2 018
Property features
- Bedrooms 1
- Bathrooms 1
- Lounges 1
- Garage parking 1
- Security post