Coastal convenience steps from beaches, cafés and schools in Durban North — recently renovated apartment building with six 3‑bed and seven 2‑bed units, yielding about R1.23m net annually.
A well-maintained apartment building is now available for sale in the highly sought-after Durban North area. This property comprises six spacious three-bedroom apartments and seven comfortable two-bedroom apartments. the building has been recently rennovated.
Ideally located, the building offers unparalleled convenience with all essential amenities just minutes away in every direction. The estimated annual net income is R1,231,857.72, reflecting the strong rental demand in this thriving neighborhood.
This is a prime opportunity for investors seeking consistent and growing yields in a desirable location. Contact us today to schedule a viewing appointment.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R16,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 20 listings in Durban North (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 25% below the median. Floor size is 1320% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
20 similar listings
Medium similar-home inventory town-wide (Durban North)
Median time on market: 105 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Durban North Central is a prestigious, leafy residential suburb that offers families and professionals a tranquil coastal lifestyle with convenient access to top-tier schools, vibrant local shopping hubs, and the beautiful beaches of the KwaZulu-Natal coastline.
* Distances and amenities are approximate.