- 1
- 1
- 63 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
Affordability Calculator | Bond Costs Calculator | Bond Repayment Calculator | Apply for a BondBond Calculator
Disclaimer: The estimates contained on this webpage are provided for general information purposes and should be used as a guide only. While every effort is made to ensure the accuracy of the calculator, RE/MAX of Southern Africa cannot be held liable for any loss or damage arising directly or indirectly from the use of this calculator, including any incorrect information generated by this calculator, and/or arising pursuant to your reliance on such information.
Mun. Rates & Taxes: ZAR 400.00
Monthly Levy: ZAR 1230.00
Property description
Tucked away on the fourth floor of Mount Royal, this 1.5-bedroom apartment offers a peaceful urban retreat with sweeping inland views and minimal street noise—perfect for buyers seeking a quiet yet central location or investors looking to expand their portfolio.
Positioned just off Umbilo Road near Alan Paton Road, this home features a flexible layout with spacious rooms and a sunlit enclosed balcony that’s ideal as a home office or secondary sleeping area. A secure steel gate welcomes you into the unit, and the absence of foot traffic outside your door adds a layer of privacy often missing in apartment living.
The apartment is currently tenanted in a shared-living configuration, with both occupants enjoying common access to the bathroom and kitchen. For investors, this setup delivers a monthly gross rental between R5,000–R6,000. Alternatively, vacant transfer can be arranged should you wish to occupy the space yourself.
While the kitchen may benefit from an upgrade, the apartment is competitively priced and offers potential for excellent returns—estimated at over 11% gross yield after levies and rates. A renovation budget of approximately R50,000 would be advisable to maximize long-term occupancy and reduce maintenance costs, which would still secure a projected 10% net return.
One open parking bay is available for the unit at a nominal monthly fee through the Body Corporate. Security presence from 6 p.m. to 6 a.m. daily ensures added peace of mind.
Residents also enjoy a communal courtyard with green space and seating—ideal for a breath of fresh air or casual gatherings.
Utilities are efficiently managed via a prepaid electricity meter and metered water charges added to monthly levies. Located less than 3 km from Durban’s CBD, with easy access to transport routes, this apartment is a smart buy in a growing area.
Please note: This property is part of a deceased estate and transfer will be subject to Master’s Office approval. Heirs have given preliminary consent.
Property Details
- 1 Bedrooms
- 1 Bathrooms
- 1 Lounges
- 1 Dining Area
Property Features
- Access Gate
- Kitchen
- Entrance Hall
| Bedrooms | 1 |
| Bathrooms | 1 |
| Floor Area | 63 m2 |
Contact the Agent
Melany Bosch
Full Status Property Practitioner