Property description

An outstanding investment opportunity in the heart of Essenwood, this exceptional multi-unit residential property offers an established income-generating asset in one of Durban's most desirable suburbs. Set on a generous 738m² erf, the property comprises 13 spacious ensuite bedrooms and 13 bathrooms, providing privacy, comfort, and convenience for every occupant.

The property is currently operating as a Bed & Breakfast and is actively listed on Booking.com, providing an established accommodation business with an existing online presence and immediate income-generating potential for the new owner.

The property has been carefully configured to maximise occupancy while maintaining practical shared living spaces. A well-appointed communal kitchen and lounge create a welcoming environment, making the property ideal for guest accommodation, student housing, corporate rentals, long-term tenants, or co-living accommodation.

One of the property's strongest attractions is its proven income performance. During peak trading periods, the property has demonstrated the ability to generate in excess of R90,000 per month, making it an attractive opportunity for investors seeking immediate cash flow and long-term capital growth. Financial information can be made available to qualified purchasers.

Additional Commercial Income Opportunity

Adding even greater value, the basement level offers excellent potential to be converted into a retail shop, convenience store, café, office, salon, or other commercial enterprise, creating an additional rental income stream and significantly enhancing the property's overall return on investment.

Prime Essenwood Location

Positioned in one of Durban's most sought-after residential precincts, the property enjoys excellent accessibility and is within walking distance of the popular Bread Ahead and the Durban Botanic Gardens. Its central location also provides easy access to leading schools, universities, hospitals, restaurants, shopping centres, and major transport routes, making it highly desirable for both local and international guests and tenants.

Property Features

• 13 spacious bedrooms, each with its own private ensuite bathroom
• Currently operating as a successful Bed & Breakfast
• Actively listed on Booking.com with an established online presence
• Proven income-producing investment
• Generates over R90,000 per month during peak occupancy periods
• 738m² erf offering future development potential
• Spacious communal kitchen and lounge
• Basement with excellent potential for commercial conversion to generate additional rental income
• Two garages
• Five additional parking bays
• Secure property in the prestigious Essenwood suburb
• Ideal for guesthouse operations, Airbnb, student accommodation, corporate housing, co-living, or multi-generational family living

Investment Highlights

Investment opportunities of this calibre are seldom available. Combining a proven accommodation business, multiple income streams, expansion potential, and a prime Essenwood location, this property offers exceptional value for investors seeking both immediate returns and long-term capital appreciation.

With an established Bed & Breakfast operation, a recognised online presence through Booking.com, proven seasonal income exceeding R90,000 per month, and the opportunity to unlock further revenue through the basement commercial space, this property is ideally positioned to deliver outstanding investment performance.

Arrange your private viewing today to experience the exceptional potential of this remarkable income-generating property.

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.