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1 Bed Apartment For Sale in South Beach | MyProperty Africa

64% below 1-bed median

Under Offer

Apartment in 470 Mahatma Gandhi Rd, Chisnor
, South Beach, Durban

Bedrooms1

Bathrooms1

Floor Size42 m²

Land Size100m²

Living Areas1

1 bedroom Apartment with Versatile Layout

Coastal convenience and investment appeal near beaches and colleges, cleverly partitioned into flexible two-room living with a fitted kitchen, steady R4,000/month rental income and easy transport access.

Welcome to a cleverly partitioned apartment that was converted into a functional 2-bedroom space. Perfect for those seeking flexibility and comfort.

Step into the well-appointed fitted kitchen. The lounge area provides a cozy retreat for relaxation and entertainment, while the bathroom ensures your daily routines are met with ease and convenience.

This property is currently tenanted, generating a steady rental income of R4,000 per month, making it an excellent investment opportunity.

Ideally situated on a convenient transport route, this apartment offers easy access to local beaches, respected colleges, and a variety of other essential amenities. Whether you're a student, professional, or investor, this location offers something for you. "Cash Buyers Only''

Don't miss your chance to own this versatile and well-located property.

Monthly Costs

Estimated Repayment

R 1,855

Rates & Taxes

R 50

Levy

R 1,084

TotalR 2,989

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

Property history

Listed for sale at R210,000

08 May 2025

Smart Property Insights

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

Based on 22 listings in South Beach

Insight

Priced below the median for similar properties in the area. On a price-per-m² basis, it is 47% below the median. Floor size is 32% smaller than typical for similar homes.

Based on 22 active similar listings — Moderate confidence

Similar properties pricing

This homeR 210,000Below range

R 360,000R360kP25

R 580,000R580kMedian

R 850,000R850kP75

R 360,000R360kP25

R 580,000R580kMedian

R 850,000R850kP75

Market depth

22 similar listings

Medium similar-home inventory in South Beach

Median time on market: 100 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.