R350,000
R350,000
Monthly Bond Repayment R3,672.40
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
R1,500
R75
1.5-Bedroom Flat for Sale in Sea Park, Gillespie Street – Durban
Rental Income:R5,000/month
Looking for an affordable property in a prime location? This1.5-bedroom flatin the well-maintainedSea Park buildingoffers a greatinvestment opportunity. Situated alongGillespie Street, it's just a short walk to Durban’s famousbeachfront, making it ideal for tenants or owners who want to enjoy coastal living.
Property Features:1.5 bedrooms (Main bedroom + additional half room that can be used as a home office or small bedroom)Spacious living areaSecure building with controlled accessNeat and functional kitchenLow-maintenance flat with tiled floors
Location Benefits:Close toDurban beachfrontand promenadeNear shopping malls, schools, and public transport routesA short drive to entertainment hubs like uShaka Marine World
Investment Highlights:GeneratingR5,000/monthin rental incomeIdeal for long-term tenants or as a holiday rentalHigh demand for rentals in the area due to proximity to the beach and amenities
This flat is afantastic entry-level investmentwith potential for further appreciation. Don’t miss out on owning a piece of property in one of Durban’s most sought-after areas!
Features
Interior
Sizes
Extras
Near Railway station • On Busy Road • Near Shopping Mall • Safe Location • Near Bus • Near Schools • City Center • Accessible by Boat • Near Medical Center • By the sea • Near Hospital • Unfinished • Brick • Near Park • Near Shops
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.