R18,000,000

R18,000,000

14 Bedroom Apartment Block For Sale in Musgrave
14
Bedrooms
10
Bathrooms
Print

Excellent Investment Opportunity – Entire Building for Sale in Musgrave

Web Ref. RL8707
Land size 1200.00 m²
Monthly Bond Repayment
R179,708.37
An exceptional opportunity to acquire the entire building on Currie Road in the sought-after Essenwood area, comprising six residential units and offering strong potential for a diversified rental portfolio.

The building consists of four 2-bedroom apartments and two spacious 3-bedroom apartments, providing a desirable mix of accommodation for a range of tenants. The apartments offer generous living spaces, with the 2-bedroom units measuring approximately 100 m² and the 3-bedroom units offering approximately 200 m².

With multiple units under one ownership, the property provides the potential for a steady rental income stream while also offering long-term capital growth potential in an established Durban suburb. Its central location, close to major schools, shopping centres, medical facilities, restaurants and lifestyle destinations, makes these units highly appealing to both families and professionals. This is an ideal opportunity for an investor looking to secure an entire residential building in a prime location rather than purchasing individual units separately.


Key Features

Entire building for sale
6 residential units in total
4 x 2-bedroom apartments
2 x 3-bedroom apartments
All 2-bedroom units are approximately 100 m²
All 3-bedroom units are approximately 200 m²
En-suite bedrooms
Spacious living areas
Modern fitted kitchens
Appliances including stoves, microwave ovens and fridges
2 dedicated parking bays per unit
Lift access within the building
Post-paid utilities
Established residential location
Multiple rental opportunities under one ownership

Stairs: Lift access available to the apartments
Excellent investment and income-producing potential


Location & Lifestyle


Musgrave Centre – approximately 1.5 km
Berea Centre – approximately 1 km
Windermere Centre – approximately 2 km
Florida Road – approximately 2 km
KZNSA Gallery – approximately 1.5 km
Mitchell Park – approximately 2 km
Durban Girls' High School – approximately 1.5 km
Maris Stella School – approximately 2 km
Durban Preparatory High School – approximately 2 km
Clifton School – approximately 2.5 km
St Augustine's Hospital – approximately 2 km
Netcare Parklands Hospital – approximately 3 km
The Chairman – approximately 2 km
Spiga d'Oro – approximately 2 km
Butcher Boys Florida Road – approximately 2 km
Unity Bar & Brasserie – approximately 2 km
Close to the Florida Road lifestyle precinct
Easy access to Currie Road, Musgrave Road, Problem Mkhize Road and Sandile Thusi Road
Convenient access to the N3 and M4
Additional Features
Excellent opportunity to acquire a complete residential investment property
Six units provide multiple rental income streams from one property
Attractive mix of 2-bedroom and larger 3-bedroom apartments
Strong appeal to professionals, families and long-term tenants
Spacious apartments with generous floor areas
Two parking bays allocated per unit
Lift access throughout the building
Located close to Musgrave Centre, Berea Centre and Windermere Centre
Near the restaurants, cafés, bars and entertainment along Florida Road
Close to KZNSA Gallery and Mitchell Park
Conveniently positioned near Durban Girls' High School, Maris Stella School, Durban Preparatory High School and Clifton School
Close to St Augustine's Hospital and Netcare Parklands Hospital
Easy access to the N3 and M4
Central position between Essenwood, Musgrave, Morningside, Berea and Durban CBD
Ideal for an investor seeking rental income and long-term capital growth potential

Contact Humera or Maurice to book your exclusive viewing today.

Features

Interior
14 Bedrooms
10 Bathrooms
6 Kitchens
6 Lounges
6 Dining Rooms
Exterior
12 Parkings
Security
Scenery / Views
Sizes
Land Size 1,200 m²
Listing Info
Date Listed 02-09-26
Time Listed 21:50

Disclaimer

While every effort will be made to ensure that the information contained within the Legacy Real Estate Group website is accurate and up to date, Legacy Real Estate Group 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.