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  1. Condo/Apartment
  2. For Sale
  3. Congella
Melany Bosch 450,000 ZAR / 25,948.15 USD

Residential - Condo/Apartment - Congella, KwaZulu Natal - South Africa – 1 Bedrooms, 1 Bathrooms

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RE/MAX Panache - North Durban

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450000.0000 ZAR
1031465089-326 Condo/Apartment RE/MAX 1031465089-326 1031465089-326 https://global.remax.com/en/listings/south-africa/condo/apartment/for-sale/congella/1031465089-326

Residential - Condo/Apartment - Congella, KwaZulu Natal - South Africa

450,000 ZAR https://global.remax.com/en/listings/south-africa/condo/apartment/for-sale/congella/1031465089-326 InStock
25,948.15 USD
 
Congella, KwaZulu Natal
Bedrooms:
1
Bathrooms
1
Lot Size:
63 sqm
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.

Features

Entrance Hall
Kitchen/Dinette

Rooms

Dimensions

RoomSize

Bedroom

Kitchen

Bathroom

Dining Room

Lounge

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Associate - Melany Bosch - RE/MAX Panache - North Durban
+27 0315722136 0 - 99999999 Melany Bosch Melany Bosch https://global.remax.com/en/agents/south-africa/la-lucia/melany-bosch/1031465089 40 Newport Avenue Glenashley
La Lucia, Umhlanga, South Africa
null

Melany Bosch

RE/MAX Panache - North Durban

+27 0315722136 0 - 99999999 USD KwaZulu Natal RE/MAX RE/MAX Panache - North Durban La Lucia 40 Newport Avenue Glenashley
La Lucia, Umhlanga, South Africa
null


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+27 0315722136 0 - 99999999 Melany Bosch Melany Bosch https://global.remax.com/en/agents/south-africa/la-lucia/melany-bosch/1031465089 40 Newport Avenue Glenashley
La Lucia, Umhlanga, South Africa
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RE/MAX Panache - North Durban

40 Newport Avenue Glenashley
La Lucia, Umhlanga, South Africa
null
https://global.remax.com/en/offices/south-africa/la-lucia/remax-panache-north-durban/1031465
+27 0315722136 0 - 99999999 USD KwaZulu Natal RE/MAX RE/MAX Panache - North Durban La Lucia

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