Effortless city living in a prime location, ideal for investors — ground-floor apartment with private garden and secure garage, pet-friendly and tenanted for immediate rental income.
This well-positioned ground floor one-bedroom, one-bathroom apartment presents an excellent opportunity for investors seeking a secure, income-generating asset in a prime location.
The unit offers a comfortable lounge area, a functional kitchen, and a private small garden—perfect for added outdoor enjoyment and a rare feature in apartment living. The property is pet-friendly, enhancing its appeal to a broader tenant market, and also includes a secure garage for added convenience and value.
Currently tenanted, this apartment provides immediate rental income, making it an ideal turnkey investment with an existing lease in place.
A smart addition to any property portfolio, combining location, practicality, and consistent rental potential.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R699,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 130 listings in Durban (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 42% above the median. Floor size is 21% smaller 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
130 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 103 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
Essenwood is a prestigious, leafy residential suburb in Durban known for its historic charm, grand Victorian-style homes, and convenient proximity to the city's top schools and vibrant social hubs.
* Distances and amenities are approximate.