5.5 Bedroom House for sale in Durban North

An exceptional income-generating investment opportunity situated in the highly sought-after Broadway precinct of Durban North. This well-positioned freestanding property offers multiple tenanted units with strong rental returns and excellent long-term investment potential. Ideally located just one road away from Broadway, the property enjoys close proximity to major amenities including Woolworths, Mugg & Bean, supermarkets, schools, restaurants, and easy access to all major roads and freeways. All units on the property have been tastefully renovated and upgraded, including modernized flooring throughout. The property is neat, well-maintained, and move-in ready, offering investors a true turnkey opportunity with no additional renovation costs required. Main House The spacious main residence offers: • 3 well-sized bedrooms • 2 bathrooms • Separate lounge • Separate dining room • Separate kitchen • Private garden and patio • 2 store rooms • Domestic quarters • 2 parking bays Current rental income: R21,262 per month Cottage A A cozy and modern unit offering: • 1 bedroom with ensuite • Open-plan lounge and kitchen • Small private patio • 1 parking bay Current rental income: R10,200 per month Cottage B Bachelor unit featuring: • Open-plan living space • 1 parking bay Current rental income: R7,350 per month Cottage C A large and comfortable cottage featuring: • 1 spacious bedroom with ensuite • Huge lounge area • Entrance hall • Private garden and patio • Store room • 1 parking bay Current rental income: R11,800 per month Investment Highlights • Fully multi-tenanted investment property • Strong combined rental income • All units fitted with prepaid electricity meters • Fully renovated throughout with upgraded flooring • No money to be spent on renovations • Excellent location in a high-demand rental area • Close to shopping centres, restaurants, schools, and transport routes • Ideal for investors seeking stable monthly returns and long-term capital growth This is a rare opportunity to secure a versatile, income-producing property in one of Durban North’s most desirable and established locations.