House for sale at 8 Lydia Drive
Enjoy sea-view living and strong rental income in a sought-after neighborhood, with renovated 3-bedroom, 2-bath main house, covered deck, pool and five income-producing 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 R4,950,000
How does this home’s price compare with similar properties?
Insight
Priced 87% above the local median - and above the typical range across Durban North.
Compared with 31 3-bed active listings across 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.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Glenashley is a tranquil, upscale coastal suburb in Durban North that offers residents stunning Indian Ocean views, proximity to top-tier schools, and a relaxed, family-oriented lifestyle.
