About this property

Unlock an extraordinary real estate opportunity in a prime location that perfectly balances luxury living with massive income potential. This "hidden gem" is a rare find, offering a spacious family sanctuary alongside a ready-made rental portfolio that generates a staggering R25,000 per month in passive income, even before considering the main residence. The Main House: Elegance with a View The heart of this property is a grand, character-filled home designed to surprise you with its sheer scale and breathtaking vistas: Panoramic Scenery: Both the expansive lounge and the large private balcony offer stunning, uninterrupted views of the Harbor and sunrise seaviews. Gourmet Living: Features a bright, modern fitted kitchen and a charming dining room perfect for family gatherings. Comfortable Retreats: Three generously sized bedrooms, all equipped with ample built in cupboards. Flexible Flooring: Beautiful classic wooden floors throughout, with a solid slab underneath for those who prefer an easy transition to tiling. Year Round Ambience: A spacious lounge complete with a cozy fireplace for winter nights and a balcony for summer sea breezes. An Entertainer’s Dream Garden. Step through the pedestrian entrance into a private oasis that feels worlds away from the city. Tropical Sanctuary: An absolute dream garden featuring a huge Koi pond. Social Hub: A dedicated bar and entertainment area surrounding the pond, ideal for hosting unforgettable events. The Investment Edge: R25,000 Monthly Income. This property is a financial workhorse, designed to maximize your Return on Investment (ROI) or drastically subsidize your bond: Six Rental Units: Includes bachelor flatlets and a charming wooden bachelor cabin, currently generating R25,000 per month (excluding utilities). Development Potential: Situated on a large plot with a driveway gate leading to parking for 6 vehicles, plus extra land available to build even more units. Prime Location: Conveniently located near shops, churches, schools, and major taxi/bus routes, ensuring high tenant demand. Endless Opportunities Await. Whether you are a savvy investor looking for a high-yield addition to your portfolio or a first-time buyer wanting a home that pays for itself, this property is the answer. With its "hidden gem" status, massive size, and those unbeatable Harbor views, the possibilities truly are endless. There is a swimming pool that needs to be fixed and restored and property needs some tlc. Don’t miss out on Durban’s best kept investment secret. Call today to schedule your private tour!