Low-maintenance, secure estate living in Palmiet, Reservoir Hills with easy access to highways, shops and university; north-facing balcony, enclosed porch (possible 2nd bedroom), one bedroom, one bathroom, garage.
Welcome to this modern simplex, offering a great opportunity for those looking to invest or settle in a secure estate. Featuring 1 spacious bedroom (plus a half bedroom) and 1 elegant bathroom, this 63 square meter residence boasts a thoughtful layout that maximizes living space and comfort. Whether you`re a first-time buyer or looking to downsize, this property is worth your attention.
As soon as you enter, you`ll notice the contemporary aesthetics with tiled floors, ceiling fans, and air conditioning ensuring comfort all year round. The bright, airy living area opens up to a charming balcony, ideal for enjoying your morning coffee or unwinding after a busy day, plus an enclosed porch, which could be a 2nd bedroom. The property also includes a garage, providing secure parking and additional storage space.
This gated complex/estate has Securtiy Guards at the gate, where visitors have to sign in. The property`s prime north-facing position allows for ample natural light throughout the day. Built in 2008, it offers the advantage of modern construction coupled with a prime location.
Located at 301 Spencer Road, Palmiet, Reservoir Hills, this property provides excellent accessibility with good traffic conditions and proximity to major highways. It is ideally situated near public transportation, schools, shops, shopping malls, and the Westville University, making daily errands and commuting a breeze. Embrace the vibrant community and all the conveniences on offer with this incredible real estate opportunity.
Listed for sale at R730,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 48 listings in Durban (town)
Insight
Priced below the median for similar properties in the area. Floor size is 47% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 7,166 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
48 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 125 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
Palmiet is a peaceful residential area offering a relaxed lifestyle with convenient access to essential amenities and the natural beauty of the Palmiet River.
* Distances and amenities are approximate.