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Durban North, Durban North, Durban North, KwaZulu-Natal
R 4 695 000
Very large property in the heart of Durban North offering exceptional space, versatility, and income-generating potential. Situated in a prime position on a corner stand with dual entrances, this property is ideal for a large multi-generational family, student accommodation, or a home with Airbnb/rental income opportunities. The main house offers a spacious lounge and dining room, guest toilet, and kitchen with a sunny breakfast nook. There are 3 large bedrooms, all en-suite, with the main bedroom featuring a walk-in closet. The home features a large patio running the length of the main house, offering plenty of space for entertaining and outdoor dining. Below the main house is an expansive storage area with endless possibilities, including use as a games room, workshop, or additional storage space. The main flat is exceptionally spacious, bright, and immaculate, featuring a large open-plan lounge, dining area, and kitchen, 2 generous bedrooms, a main en-suite, family bathroom, and guest toilet. The property also includes a separate self-contained bachelor flat. The 2-bedroom flat and bachelor flat are currently generating close to R20 000 per month in rental income. There is also a separate laundry room which could easily be converted into a third flatlet for additional income potential. Additional features include a double garage with drive-through option, extra storeroom ideal for gardening equipment and tools, and parking for approximately another 7 vehicles. Conveniently located close to Emeris (Varsity College) Durban North, this property presents an excellent investment opportunity for student accommodation or long-term rentals. CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Umhlanga) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 44 336
on a R 4 225 500 bond over 20 years at 11.25%
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Durban North, Durban North, Durban North, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 6-bed houses for sale in Durban North
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Ayanda Mabunda
Unclaimed listing — claim it to verify
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