10 Bedroom House For Sale in Durban North

Property description

Income Powerhouse in Glen Ashley Durban North

A rare multi-let opportunity in one of Durban North’s most consistently sought-after coastal suburbs. 8 Lydia Drive is an ideal investment property, professionally managed by Legacy Real Estate Group — so you benefit from full rental history, payment records and income performance on hand from day one.

What makes it a standout investment
• Multi-let configuration: Currently set up as 5 income-producing units, plus a main house and a staff/domestic studio — offering excellent flexibility for an investor-owner or for maximising total income.
• Strong gross rental: ± R57,780 per month (full schedule and statements available on request).
• Professional management: Legacy Real Estate Group currently oversees the property, ensuring vetted tenants, structured collections, and transparent reporting.
• Low-maintenance lifestyle features: Established private garden, private pool use for main house, and practical common areas that enhance tenant appeal and retention.
• Parking & access: Off-street parking with separate entrances to select units — easier letting, less wear on shared spaces.

Location advantages — Glen Ashley, Durban North
• Blue-chip node: Tucked between Durban North and La Lucia, Glen Ashley is a leafy, established suburb known for strong rental demand from professionals, young families, and relocations linked to Umhlanga/La Lucia business hubs.
• Connectivity: Quick access to M4 and N2, minutes to La Lucia Mall, Gateway, and the Umhlanga Ridge office precinct; easy commute to top schools and medical facilities.
• Lifestyle tenants want: Beaches, cafés, gyms and everyday conveniences all close by — a reliable drawcard for year-round occupancy and premium tenant profiles.

Investment upside
• Income optimisation: Potential to formalise/utilise the main house as an additional income stream or retain for owner occupation — either way, the layout supports a high, diversified rental base.
• De-risked acquisition: With Legacy already in place, you inherit systems, leases, and reporting — reducing onboarding friction and vacancy risk.

Unit 1 - 2 Bedroom / 2 Bathroom
Unit 2 - 2 Bedroom / 2 Bathroom
Unit 3 - 2 Bedroom/ 2 Bathroom
Unit 4 - 1 Bedroom / 1 Bathroom
Unit 5- Studio / 1 Bathroom
Main house - 3 Bedroom/ 2 Bathroom - along with a balcony and scullery

Bottom line: 8 Lydia Drive delivers the multi-let scale, blue-chip location and professional management that sophisticated investors look for. With gross rental of ± R57,780 pm and proven tenancy, it’s a plug-and-play, cashflow-focused asset in a suburb where demand does the heavy lifting for you.

Full rental schedule, tenant history, and management reports available from Legacy Real Estate Group on request.