R 230 000

Going to auction on Wednesday, 25 March 2026, with a reserve price of R210,000 (all offers reviewed), this two-bedroom, one-bathroom apartment presents a genuine value-add opportunity in the Sparks area of Durban.

Situated on the third floor of a multi-storey residential block, the unit comprises two bedrooms, one bathroom, a kitchen, and a lounge. The apartment is tiled throughout and is currently tenanted on a month-to-month basis, generating R3,000 per month in rental income with one month's notice required — making it an immediate income-producing asset while renovation plans are put in place.

As a fixer-upper, the property is well-suited to investors or owner-occupants looking to customise and add value. Ample open parking is available on-site.

The surrounding Sparks neighbourhood is well-serviced for everyday living: St. Theresa's R.C. Primary School is approximately 130 m away, Bechet High School around 310 m, and KWIKSPAR Randles Road sits within roughly 580 m. A medical centre is accessible within 400 m.

Auction terms: A non-refundable 10% commission plus VAT above the purchase price is payable by the buyer to Rawson Auctions on the fall of the hammer.