2 Bedroom Apartment For Sale in Durban

Property description

Modern Lock-Up & Go Apartment Investment in North beach

Discover the ease of modern living in this spacious 76 m² apartment at the sought-after Mangrove Beach Lifestyle Centre, North Beach. Whether you're looking for a lock-up-and-go lifestyle or a smart investment, this unit ticks all the boxes.

Features:
1.5 Bedrooms with built-in cupboards
1.5 Bathroom ( separate toilet)
Open-plan lounge and dining area
Fitted modern kitchen (stove excluded)
Prepaid electricity & water meters for peace of mind

Investment Highlights:
Current rental: R6,500 per month
Annual rental escalation in place
After levies (R1,800) and rates (R766), the unit still delivers a healthy net return, making it an attractive income-generating property.

Lifestyle & Location:
Walking distance to Oceanfront, Suncoast Casino, Moses Mabhida Stadium
Close to Spar, takeaways, salons, and other amenities

Excellent public transport access: taxi and bus stops nearby
Ideal for active professionals, retirees, or savvy investors
Enjoy the best of North Beach living – a modern apartment, convenient location, and strong rental potential. Don’t miss your chance to secure this ready-to-rent or ready-to-move-in unit walking distance to the beach
Basement parking bay available for rental from body corporate
Monthly Costs:
Levy: R1,800
Rates: R766
Total: R2,566