INVESTORS DELIGHT | THREE DWELLINGS | MULTIPLE INCOME STREAMS

Greenwood Park, Durban

An exceptional opportunity for investors seeking strong rental-income potential, or families looking for a versatile property offering multiple independent living spaces.

This substantial multi-dwelling property comprises three separate homes, providing excellent flexibility and the potential to generate multiple rental incomes from one investment. A standout feature is that the second and third dwellings are separately positioned from the main house and have their own separate driveway access, offering privacy, convenience and excellent tenant appeal.

MAIN HOUSE

The spacious main residence offers comfortable family living and comprises:

3 bedrooms with fitted cupboards
1.5 bathrooms
Open-plan lounge and dining area
Well-positioned kitchen
Separate prayer room
Carport
Approximately 5 parking spaces

The main home provides a comfortable family environment while the additional dwellings create significant income-generating potential.

SECOND HOUSE – SEPARATE ACCESS

The second dwelling is completely separate from the main residence and benefits from its own private driveway entrance, making it ideal for independent occupation or rental purposes.

Features include:

5 spacious bedrooms
3 bathrooms, all with showers
Spacious kitchen
Generous living areas
Large private yard
Parking for 10 or more vehicles

With its size, extensive parking and separate access, this dwelling offers excellent potential for a large family, extended family accommodation or a substantial rental income stream.

THIRD HOUSE – SEPARATE DWELLING

The third home provides an additional independent living space and another potential source of rental income.

It comprises:

2 bedrooms
Lounge
Kitchenette
1 bathroom with shower

The separate layout allows for additional flexibility and makes this property particularly attractive to investors looking to maximise the income potential of the overall property.

INVESTMENT POTENTIAL

The property currently carries an indicative rental-income potential of approximately R37,000 per month, making this an attractive proposition for investors seeking multiple income streams.

The combination of three separate dwellings, separate access to the second and third homes, extensive parking and generous outdoor space creates a property with exceptional versatility.

Whether the objective is to accommodate an extended family, house multiple tenants or build a diversified rental portfolio, this property offers numerous possibilities.

WHY THIS PROPERTY STANDS OUT

Three separate dwellings
Separate driveway access to the second and third houses
Indicative rental income of approximately R37,000 per month
Extensive parking, including 10+ spaces at the second dwelling
Multiple potential rental-income streams
Generous living accommodation
Large outdoor areas
Ideal for investors or extended families

ESTABLISHED GREENWOOD PARK LOCATION

Situated in the established suburb of Greenwood Park, the property offers convenient access to Durban North, Red Hill, Briardene, Kenville and Park Hill. Schools, shopping centres, medical facilities, public transport routes and major road networks are all within easy reach.

The location also provides access to the Umgeni River, Beachwood Mangroves Nature Reserve and the wider Durban North coastline.

A PROPERTY BUILT AROUND POSSIBILITIES

Three homes. Separate access. Multiple income opportunities.

This is more than simply a large family home — it is an investment opportunity offering the flexibility to live in one dwelling while generating income from the others, or to utilise all three dwellings as rental accommodation.

Indicative Rental Income: ±R37,000 per month

Contact us today to arrange your private viewing and explore the income-generating potential of this unique Greenwood Park property.

Prospective purchasers are advised to independently verify rental figures, zoning, building plans, approved use, municipal requirements and all other relevant information as part of their due diligence.