R 16 400 000
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668 m² Commercial space in Durban North

17 17 1 512 m² 668 m²

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

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