Essenwood · Apartment For Sale
2 Bedroom Apartment For Sale in Essenwood
- R 725,000
- 2 bd
- 1 ba
- 59 m²
Nestled in the charming neighborhood of Essenwood in Durban, this investment property presents a promising opportunity for savvy investors. Featuring two bedrooms, one bathroom, and a convenient parking space, this property offers the ideal combination of comfort and practicality.
While the bedrooms and bathroom may require a touch of tender loving care (TLC), this presents a fantastic chance for investors to add value and customize the space to attract tenants seeking a cozy yet affordable living arrangement.
With a rental income potential boasting a 10% yield, this property promises a strong return on investment. Essenwood's desirable location ensures consistent demand from renters seeking proximity to the city center, schools, and recreational amenities.
Investors can capitalize on the property's potential by renovating and modernizing the interior while keeping the investment costs manageable. With Durban's rental market remaining robust, this investment property offers both short-term rental income and long-term appreciation prospects.
Don't miss out on the opportunity to secure a lucrative investment in one of Durban's most sought-after neighborhoods. Take advantage of the potential for high rental returns and capitalize on the enduring appeal of Essenwood.
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Essenwood, Durban
- Price
- R 725,000 · Get Pre-Qualified
- Price per m²
- R 12,288
- Floor Size
- 59 m²
- Erf Size
- 59 m²
- Bedrooms
- 2
- Bathrooms
- 1
- Residential Zoning
- Yes
Map & Nearby
Price Trends · Essenwood, Durban beta
Select filters to see average property values
The current average sales price for a studio in Essenwood on ImmoAfrica.net is R 495,000
The current average sales price for a 2 bedroom property in Essenwood on ImmoAfrica.net is R 1,330,000
The current average rental price for a 2 bedroom property in Essenwood on ImmoAfrica.net is R 9,475
The current average sales price for a 3 bedroom property in Essenwood on ImmoAfrica.net is R 2,343,455
The current average rental price for a 3 bedroom property in Essenwood on ImmoAfrica.net is R 13,311
The current average sales price for a 1 bedroom property in Essenwood on ImmoAfrica.net is R 762,059
The current average rental price for a 1 bedroom property in Essenwood on ImmoAfrica.net is R 8,262
The current average sales price for a 4 bedroom property in Essenwood on ImmoAfrica.net is R 3,563,000
The current average rental price for a 4 bedroom property in Essenwood on ImmoAfrica.net is R 30,500
The current average sales price for a 5 bedroom property in Essenwood on ImmoAfrica.net is R 4,385,000
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 495,000 | |
1 Bed | R 762,059 | R 8,262 |
2 Bed | R 1,330,000 | R 9,475 |
3 Bed | R 2,343,455 | R 13,311 |
4 Bed | R 3,563,000 | R 30,500 |
5 Bed | R 4,385,000 |
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 15,968 | |
1 Bed | R 8,215 | R 129 |
2 Bed | R 8,530 | R 67 |
3 Bed | R 10,261 | R 87 |
4 Bed | R 6,095 | R 30 |
5 Bed | R 6,596 |