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8 Lydia Drive, Glenashley, Durban North, KwaZulu-Natal
R 4 950 000
This property is a prime investment opportunity, offering both luxury living and substantial rental income potential. The beautifully renovated 3-bedroom, 2-bathroom home is perfect for those who wish to reside in comfort while benefiting from the lucrative income generated by the five fully tenanted and professionally managed flatlets. These flatlets bring in approximately R40,000 per month. Alternatively, you could rent out the main house as well, maximizing your return on investment. Located in a highly sought-after neighborhood, the property features two separate entrances: one exclusive driveway for the main house and a separate entrance and driveway for the flatlets, ensuring privacy and convenience. Additionally, there is staff accommodation available. The main house boasts open-plan living spaces that flow seamlessly onto a covered deck, offering breathtaking sea views and overlooking a sparkling pool. Its prime location provides easy access to highways and is just a stone’s throw from shopping centres, eateries, top schools, and hospitals. Don’t miss out on this exceptional opportunity. Contact Lesley for an exclusive viewing today!
Estimated monthly repayment
R 46 744
on a R 4 455 000 bond over 20 years at 11.25%
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8 Lydia Drive, Glenashley, Durban North, KwaZulu-Natal
Listed by
Refilwe Mbeki
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