5 Bedroom House in Sea Cow Lake

LIVE & ONLINE MULTI PROPERTY AUCTION

RESIDENTIAL - INCOME GENERATING OPPORTUNITY

AUCTION DATE & TIME: WEDNESDAY, 25 JUNE 2025 @ 11:00AM

AUCTION VENUE: THE OYSTER BOX HOTEL, 2 LIGHTHOUSE ROAD, UMHLANGA ROCKS

PROPERTY ADDRESS: 168 MYHILL ROAD, SEA COW LAKE, DURBAN

Invest in your future with our rental income property. This house in Sea Cow Lake offers a fantastic opportunity to generate income and build equity.

Sea Cow Lake is a suburb in Durban known for its mix of residential, industrial and commercial properties. It''''s located near North Coast Road and the N2 freeway, offering good accessibility. The area also includes various amenities and services, including smaller retail outlets, fuel stations and more.

The property has exceptional investment potential and features the following:

5 Bedrooms (Guest Bedroom has Built-in Cupboards)

1 Ensuite in the Master Bedroom (Shower, Hand Wash Basin and Toilet)

1 Bathroom (Shower, Hand Wash Basin and Toilet)

Guest Toilet

Lounge

Dining Room

Fully Fitted Kitchen with Scullery

Fully Tiled

2 Granny Cottages with each consisting of 1 Bedroom, 1 Shower and Open-Plan Lounge and Kitchen. Tandem Double Garage with Additional Secure Parking and a Storage Room. The property is Fully Walled and has an Automated Gate, Large Balcony with Awning, Exterior Power Outlets and Lighting and Ample Yard Space. Enjoy panoramic views of Springfield Park.

Rental Income Potential: R 18,000.00 per month

(R10,000.00pm for the Main House and R 8,000.00pm for the 2 Granny Cottages)

The main property is currently tenanted, and the lease expires on 31 August 2025. Monthly Rental: R 10,000.00 per month excluding utilities. Prepaid electricity meter.