668 m² Commercial space in Durban North
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 beautifully maintained central courtyard with a sparkling pool, creating an appealing, resort-style atmosphere for tenants and guests.
With its diverse rental streams, prime location, and development potential, this property is perfectly suited for investors looking to expand their portfolio with a high-performing, multi-tenanted asset. Whether retained as a mixed-use rental income generator or repurposed for boutique hospitality, medical suites, or student housing the possibilities are vast.
CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Property details
- Listing number T5149537
- Property type Commercial
- Listing date 11 Jul 2025
- Land size 1 512 m²
- Floor size 668 m²
- Rates and taxes R 18 011
Property features
- Bathrooms 17
- Open parking 17