Unlock an extraordinary real estate opportunity in a prime location that perfectly balances luxury living with massive income potential. This hidden gem is a rare find, offering a spacious family sanctuary alongside a ready-made rental portfolio that generates a staggering R25,000 per month in passive income, even before considering the main residence.
The Main House: Elegance with a View
The heart of this property is a grand, character-filled home designed to surprise you with its sheer scale and breathtaking vistas:
Panoramic Scenery: Both the expansive lounge and the large private balcony offer stunning, uninterrupted views of the Harbor and sunrise seaviews.
Gourmet Living: Features a bright, modern fitted kitchen and a charming dining room perfect for family gatherings.
Comfortable Retreats: Three generously sized bedrooms, all equipped with ample built in cupboards.
Flexible Flooring: Beautiful classic wooden floors throughout, with a solid slab underneath for those who prefer an easy transition to tiling.
Year Round Ambience: A spacious lounge complete with a cozy fireplace for winter nights and a balcony for summer sea breezes.
An Entertainers Dream Garden. Step through the pedestrian entrance into a private oasis that feels worlds away from the city.
Tropical Sanctuary: An absolute dream garden featuring a huge Koi pond.
Social Hub: A dedicated bar and entertainment area surrounding the pond, ideal for hosting unforgettable events.
The Investment Edge: R25,000 Monthly Income. This property is a financial workhorse, designed to maximize your Return on Investment ROI or drastically subsidize your bond:
Six Rental Units: Includes bachelor flatlets and a charming wooden bachelor cabin, currently generating R25,000 per month excluding utilities.
Development Potential: Situated on a large plot with a driveway gate leading to parking for 6 vehicles, plus extra land available to build even more units.
Prime Location: Conveniently located near shops, churches, schools, and major taxibus routes, ensuring high tenant demand.
Endless Opportunities Await. Whether you are a savvy investor looking for a high-yield addition to your portfolio or a first-time buyer wanting a home that pays for itself, this property is the answer. With its hidden gem status, massive size, and those unbeatable Harbor views, the possibilities truly are endless.
There is a swimming pool that needs to be fixed and restored and property needs some tlc.
Dont miss out on Durbans best kept investment secret.
Call today to schedule your private tour!