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R695,000

3 bedroom apartment for sale in Durban Central

3 Beds
1.5 Baths
89m²
Income-generating 3 Bedroom Apartment | Durban Cbd | Excellent Rental Yield

Priced to sell, this 89sqm income-generating apartment in the Ruslynn building, 47 Diakonia Road, Durban Central, offers a compelling buy-to-let investment opportunity with immediate returns.

Originally a two-bedroom unit, the apartment has been intelligently converted into a three-bedroom layout, allowing it to achieve a rental income of approximately R10,600 per month. This makes it an ideal option for investors seeking strong yield, affordability, and consistent tenant demand in the Durban CBD.

The unit features a renovated kitchen with granite countertops, ample cupboard space, a built-in stove, and a convenient breakfast nook. It is fully tiled throughout and includes a bathroom with a shower, as well as a separate toilet for added convenience.

The main bedroom opens onto a private balcony, the second bedroom includes built-in cupboards, and the third bedroom enhances rental flexibility and income potential. Minor cosmetic updates, such as repainting or refreshing the bathroom, offer an opportunity to add value at minimal cost.

Conveniently located with public transport, shops, and amenities within walking distance, including KFC directly across the road, the property benefits from strong rental demand and excellent accessibility.

This apartment is well suited to:

Buy-to-let investors

First-time property investors

Buyers seeking tenant-assisted bond repayment

📞 Contact us today to arrange a private viewing.

Property Type
Apartment
Bedrooms
3
Bathrooms
1.5
Building Size
89m²
Reference
PC1442359
Property history
Listed for sale at R695,000
26 Aug 2025
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