R 850 000 | 2.0 bed property for sale in morningside

Property Description

An excellent investment opportunity in the heart of Morningside, offering immediate rental income with a reliable tenant already in place. This well-kept 2-bedroom apartment is currently occupied by a single tenant paying R9,500 per month, making it an ideal option for investors looking for a property that can generate income from day one. The apartment offers a comfortable and practical layout with two bedrooms, one bathroom, a spacious living area and secure parking. Situated in a secure, well-maintained complex, the property is conveniently located close to shops, schools, restaurants and major transport routes. Investment Highlights: Tenant already in place Current rental income of R9,500 per month Lease ending october 2027 Single occupant 2 bedrooms 1 bathroom Secure parking Well-maintained complex Convenient Morningside location Excellent income-generating investment Ideal for both first-time and experienced property investors A great opportunity to secure a tenanted property in a popular Durban suburb with rental income already established.


Property Details

Purchase Price R 850 000

Building Size70.00 m2

Type of PropertyApartment

Monthly Rates875.00

Monthly Levy1758.00

Last Updated06 Oct 2026

Rooms

Kitchen1.0

Bedrooms2.0

Bathrooms1.0

Reception Rooms

Lounges1.0

Dining Room1.0

External Features

Carports1.0

General Features

SecurityYes

Flooring[ "Tiles" ]

Property Location

Similar Property in nearby suburbs

Agent

Yaseen Fakir

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