Apartment for sale
Enjoy vibrant Bulwer/Berea living near Davenport Square, cafés and easy transport — income-generating 1.5-bedroom flat yielding over R10,000/month, perfect for investors.
Income-Generating Student Accommodation
An excellent investment opportunity in the sought-after Bulwer/Berea
area.
This 1.5-bedroom flat is currently utilised as student accommodation and generates over R10,000 per month, making it an attractive income-generating property for investors.
The property is ideally situated in a prime location, with convenient access to public transport, restaurants, Davenport Square and a petrol station — all within walking distance.
The combination of a sought-after location, strong rental demand and existing rental income makes this property an opportunity worth considering for both experienced and first-time property investors.
Key Features:
1.5-bedroom flat
Currently used as student accommodation
Generating over R10,000 per month
Prime Bulwer/Berea location
Walking distance to public transport
Close to restaurants and local amenities
Walking distance to Davenport Square
Close to a petrol station
Excellent investment potential
Call to arrange viewing appointment
Listed for sale at R599,000
How does this home’s price compare with similar properties?
Price comparison based on 8 similar-sized studio–2 bed homes (wider size range).
Insight
Priced 6% above the local median - but still inside the typical range in Berea.
Compared with 8 similar active listings in Berea.
It's smaller than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Berea is a historic, leafy residential suburb in Durban known for its elegant Victorian architecture, elevated city views, and close proximity to top-tier schools and vibrant urban amenities.
