10 Bedroom House in Glenashley

Income Powerhouse in Glen Ashley Durban North

A rare multi-let opportunity in one of Durban Norths 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, cafes, 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, its 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.