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.
Purchase Price R 850 000
Building Size70.00 m2
Type of PropertyApartment
Monthly Rates875.00
Monthly Levy1758.00
Last Updated06 Oct 2026
Kitchen1.0
Bedrooms2.0
Bathrooms1.0
Lounges1.0
Dining Room1.0
Carports1.0
SecurityYes
Flooring[ "Tiles" ]
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