House for sale
Effortless income living in a well-located, tenant-friendly neighborhood—turn-key multi-unit producing R37,000/month. Features a large communal kitchen, 17 bedrooms, six bathrooms and ample parking.
An exceptional, turn-key investment opportunity generating a robust R37,000 per month in rental income. This versatile multi-unit property features 17 total bedrooms and 6 bathrooms, expertly configured to maximize yield while offering privacy and convenience for both owners and tenants.
Main House Features
Bedrooms: 3 spacious bedrooms with built-in cupboards.
Bathroom: Modern, fully tiled bathroom (floor to ceiling).
Dedicated Spaces: Private prayer room.
Parking: Dedicated parking space for up to 4 vehicles.
Tenant Accommodations & Income Breakdown
Designed with separate tenant access to maintain privacy for the main residence.
9-Bedroom Block:
Shared Amenities: Large communal kitchen, dedicated ironing room, and 3 full bathrooms/toilets equipped with extractor fans.
Outdoor Amenities: 4 washing basins with taps.
3-Bedroom Unit:
1 Bedroom with a private en-suite bathroom.
2 Bedrooms sharing a central bathroom.
Granny Flat:
2 Bedrooms, comfortable lounge area, and fully functional kitchen.
Additional Property Highlights
Tenant Parking: Secure parking available for 5 tenant vehicles comfortably.
Storage: Extra wooden shed on the property for maintenance or tenant storage needs.
Utilities: Rental yield accounts for included water and electricity services.
Listed for sale at R1,750,000
Wide price range across Durban
Prices vary widely across Durban, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Durban (R1.3M–R2.6M).
Market depth
373 similar homes
393 listings across Durban
32 days
Median time on market
Many similar homes
Active across Durban
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Greenwood Park is a well-established, family-oriented residential suburb in Durban North that offers convenient access to major transport routes and a variety of local amenities.
