House for sale
Earn while living in Musgrave with an established shared-accommodation business: modern 5-bed main house plus tenanted cottage, private pool and 3-car remote garage.
5-Bedroom Income Generating Property with Established Business
Seize this fantastic investment opportunity in Musgrave! This 5-bedroom house is not just a home, but a thriving business generating income. With a modern main house and a tenanted cottage, this property is perfect for investors seeking a hassle-free rental business.
Main House:
- 5 spacious bedrooms with built-in cupboards
- 2 separate bathrooms and toilets
- Modern kitchen with appliances
- Large sitting room with TV and fibre WiFi
- Swimming pool and generous yard
- Remote-controlled garage for 3 cars
Cottage:
- Spacious bathroom and kitchen
- Built-in cupboards and study desk
- Prepaid electricity meter
- Own yard space for privacy
Income Potential:
- Total Monthly Income: R35,950
Includes:
- All furniture, appliances, and equipment
- Established shared accommodation business
- Energy-efficient heat pump and CCTV security system
Listed for sale at R2,200,000
Price reduced by 4.5% to R2,100,000
Price reduced by 9.5% to R1,900,000
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 (R1.6M–R3.9M).
Market depth
78 similar homes
84 listings across Durban
62 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.
Musgrave is a prestigious, leafy residential suburb in Durban known for its historic architecture, proximity to top-tier schools, and vibrant mix of modern shopping and cultural amenities.
