11, Park Lodge manions, 369 King Dinizulu Road, Bulwer, KwaZulu Natal, Bulwer, KwaZulu Natal, KwaZulu Natal
Apartment for sale in Bulwer, KwaZulu Natal, 11, Park Lodge manions, 369 King Dinizulu Road, Bulwer, KwaZulu Natal, 75 m²
11, Park Lodge manions, 369 King Dinizulu Road, Bulwer, KwaZulu Natal, Bulwer, KwaZulu Natal, KwaZulu Natal
R600,000
Ref:1591934
1Bed
1Bath
1210m²
Type: Apartment
Description
READ THE FULL PROPERTY DESCRIPTION BEFORE YOU MAKE CONTACT WITH THE AGENT:
Some properties make financial sense the moment you do the numbers.
This is one of them.
A 55 square metre sectional title bachelor apartment on King Dinuzulu Road in Bulwer - with its own private garage, 24-hour security, landscaped gardens, and a location that puts the entire inner Durban corridor within ten minutes of your front door.
At R600,000 with rates of R560 per month, this is the most accessible entry point to formal property ownership in one of Durban's most centrally connected suburbs.
The open-plan lounge and bedroom is the heart of the apartment - and it works harder than its footprint suggests. Parquet floors throughout. North and west-facing windows that flood the space with natural light from morning through to sunset. A built-in cupboard. An air conditioning unit. A spacious lounge that flows naturally into the sleeping area without compromise to either.
The kitchen is properly appointed. Built-in cupboards. Stove connection. Plumbing for a washing machine already in place. Wall tiles halfway up for easy maintenance. Tiled floor. Burglar guards on the windows. Prepaid electricity means your costs stay entirely within your control.
The bathroom is clean and complete - shower with full glass enclosure, tiled top to bottom. Basin. Separate toilet. Everything a single occupant or a careful investor needs - nothing superfluous.
And then there is the garage. A private 20 square metre garage is a feature most bachelor apartments at this price point cannot offer. Secure vehicle storage. Additional storage capacity. A practical asset that adds measurable value to the investment from the day you take occupation.
Walk to Berea Centre for your daily shopping. Five minutes to Davenport Square, Musgrave Centre, and Glenwood Village - Durban's most established inner-suburb lifestyle precincts. Ten minutes to the Durban CBD, the Harbour, and the Golden Mile.
Right next to the N3 - into the city or out toward the south and north coast in minutes. Walking distance from DUT. Ten minutes from UKZN. Close to Entabeni Hospital and St Augustine's Hospital. Bulwer and Glenwood schools, multiple places of worship, and the Glenwood Village social & shopping scene all nearby.
This is a location that removes friction from daily life. Everything a young professional, a student, a first-time buyer, or an investor's tenant needs - within a radius that requires almost no commute at all.
Step outside and the complex delivers something that most sectional title developments at this price point do not. A beautifully landscaped garden with tarred walkways and benches - a proper outdoor space to decompress, to sit with a coffee, to simply breathe. Visitor parking for guests. 24-hour security throughout. A complex that has clearly been maintained with care.
At R600,000 with monthly rates of R560, this property makes an exceptionally compelling case as a rental investment. A correctly presented, well-located bachelor apartment in Bulwer with a private garage and 24-hour security will achieve between R6,500 and R8,500 per month in rental income - producing a gross yield of 13 to 17 percent at current market rates.
That is a return profile that most residential property investments cannot approach.
For the first-time buyer, this is the entry point that builds the foundation. For the investor, this is the asset that funds the next one. At R600,000 - it will not remain available for long.
R600,000. Sectional title. Rates R560 per month. Available immediately. Contact Arthur Charles Van Wyk at Ndawoyami powered by eXp today for a private viewing.
Location
11, Park Lodge manions, 369 King Dinizulu Road, Bulwer, KwaZulu Natal, Bulwer, KwaZulu Natal, KwaZulu Natal