Passive-income lifestyle in a sought-after rental hub — versatile multi-unit property with prepaid meters, double garage with business potential, and steady multi-stream rental returns.
Investor’s Dream or Multi-Family Living in a High-Demand Rental Area
This versatile property offers an exceptional opportunity for savvy investors seeking solid rental returns or families looking for flexible, multi-unit accommodation. Situated in a sought-after rental hub, the property enjoys consistent occupancy and stable income.
Property Layout:
Top Floor:
Two spacious 2-bedroom units
One generous 1-bedroom unit
Lower Level:
Two well-sized 2-bedroom units
Below the Garages:
One cozy 1-bedroom unit with en-suite
Additional Unit:
One neat bachelor flat
Rental Income Overview:
2-Bedroom Units: R4,500 each per month
1-Bedroom Units: R4,000 each per month
1-Bedroom En-Suite Unit: R6,500 per month
Bachelor Flat: R2,000 per month
Interior Features:
Total of 4.5 bathrooms across all units
Prepaid electricity and water meters in each unit for easy utility management
Exterior & Extra Potential:
Double garage with business potential
Carport and additional parking space for up to 4 vehicles
This property offers excellent value for investors wanting multiple income streams or large families needing space and independence — all on one erf.
Contact Selvanus Chetty today to schedule your private viewing and explore this unique opportunity.
Listed for sale at R1,795,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 80 listings in Durban (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 17,621 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
80 similar listings
High similar-home inventory town-wide (Durban)
Median time on market: 114 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Greenwood Park offers a convenient and family-friendly suburban lifestyle with easy access to essential amenities and the Durban city center.
* Distances and amenities are approximate.