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1 Bed Apartment For Sale in South Beach | MyProperty Africa

Near 1-bed median

Apartment in South Beach, Durban

Bedrooms1

Bathrooms1

Floor Size53 m²

Living Areas1

South Beach Frontline Building: Spacious 1-Bed Unit

Coastal lifestyle in South Beach with easy beach access and lively promenade; income-generating one-bedroom unit (53 m²), currently tenanted at R5,000/month until November 2023.

Welcome to South Beach, where you can own a spacious 1-bedroom unit spanning 53 sqm. Currently, this unit is tenanted, generating a rental income of R5,000 (excluding utilities) until November 2023.

This is a fantastic opportunity to invest in a prime location.

Don't miss out on this investment opportunity.

Call now for an exclusive viewing.

Monthly Costs

Estimated Repayment

R 5,301

TotalR 5,301

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R600,000

24 Oct 2023

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 23 listings in South Beach

Insight

Priced close to the median for similar properties. On a price-per-m² basis, it is 20% above the median.

Based on 23 active similar listings — Moderate confidence

Similar properties pricing

This homeR 600,000Within range

R 360,000R360kP25

R 580,000R580kMedian

R 695,000R695kP75

R 360,000R360kP25

R 580,000R580kMedian

R 695,000R695kP75

Key differences

Price per m²20% abovePremium priced

This homeR 11,321/m²

Area medianR 9,420/m²

Based on 15 listings

Floor sizeNear typicalTypical size

This home53 m²

Typical size53 m²

Based on 15 listings

Market depth

23 similar listings

Medium similar-home inventory in South Beach

Median time on market: 102 days

South Beach Insights

* 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

Area Overview

South Beach offers a vibrant, high-energy coastal lifestyle characterized by iconic beachfront apartment living, immediate access to the Indian Ocean, and a bustling urban atmosphere.