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Apartment
·
for sale
R 16 400 000
R 24 550/m²
Commercial Property in Durban North For Sale
Glen Hills
· 668 m² · 17 Baths · Apartment
· Parking
Glen Hills · 668 m² · 17 Baths · Apartment · Parking
Strategically positioned on the highly sought-after Umhlanga Rocks Drive, this exceptional mixed-use property presents a rare and lucrative opportunity for seasoned investors. The front section features a double-storey commercial building currently leased to three established businesses, providing immediate rental income and long-term tenant stability. The rear portion of the property is dedicated to residential use and includes a stylish and modern main home. The lower level offers an expansive open-plan living area encompassing a lounge, dining space, kitchen, and a guest en-suite bedroom. Upstairs, the residence boasts three bedrooms (two en-suite) and a cozy TV lounge, all finished to a high standard. In addition to the main residence, the property includes multiple self-contained flatlets, making it a high-yield rental asset. Across the residential component, there are: 20 Bedrooms 17 Bathrooms 8 Lounges 8 Dining Areas 17 Parking Bays At the heart of the property lies a beautifull
Strategically positioned on the highly sought-after Umhlanga Rocks Drive, this exceptional mixed-use property presents a rare and lucrative opportunity for seasoned investors. The front section features a double-storey commercial building currently leased to three established businesses, providing immediate rental income and long-term tenant stability. The rear portion of the property is dedicated to residential use and includes a stylish and modern main home. The lower level offers an expansive open-plan living area encompassing a lounge, dining space, kitchen, and a guest en-suite bedroom. Upstairs, the residence boasts three bedrooms (two en-suite) and a cozy TV lounge, all finished to a high standard. In addition to the main residence, the property includes multiple self-contained flatlets, making it a high-yield rental asset. Across the residential component, there are: 20 Bedrooms 17 Bathrooms 8 Lounges 8 Dining Areas 17 Parking Bays At the heart of the property lies a beautifull
R 16 400 000