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Live luxuriously while earning rental income in a sought-after neighborhood near shops, schools and highways — 3-bed, 2-bath home with pool and sea views, plus five tenanted flatlets (~R40,000/month).
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!
Listed for sale at R5,495,000
Price reduced by 9.9% to R4,950,000
How this home compares with 38 active listings in Durban North.
Insight
Priced 98% above the local median — and above the typical range for Durban North.
Buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
38 listings
Similar homes town-wide
136 days
Median time on market
Medium inventory
Active across Durban North
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Glenashley is a peaceful and family-friendly suburb offering a relaxed coastal lifestyle with convenient access to amenities and beautiful beaches.
* Distances and amenities are approximate.
