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7 Matisse, 33 Fifth Avenue, Essenwood, Durban Central, KwaZulu-Natal
R 850 000
Essenwood: Investment-Ready 2-Bed Apartment with TenantPrime Investment Opportunity in EssenwoodSeize this excellent investment opportunity in a popular, well-maintained Essenwood building. This 2-bedroom apartment currently generates R9000.00 monthly rental income from an existing tenant, perfect for investors seeking immediate returns in a thriving market.Located on the second floor, the 52.00 sqm apartment offers an open-plan living area, a spacious kitchen, and one well-appointed bathroom. It provides a practical and comfortable living space.Benefits include one dedicated parking space, low monthly levies of R1500, and rates at R850.Key Features2 Bedrooms1 BathroomOpen-Plan Living AreaSpacious Kitchen52.00 sqm Floor Size1 Parking SpaceCurrent Rental Income: R9000.00 pmLow Levies: R1500Rates: R850Secure Access GateCHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 8 027
on a R 765 000 bond over 20 years at 11.25%
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7 Matisse, 33 Fifth Avenue, Essenwood, Durban Central, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 27% below comparable 2-bed apartments for sale in Essenwood
Based on 138 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Francois Brown
Unclaimed listing — claim it to verify
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