342 m² Commercial space in Glenwood
Investment Opportunity:
Secure a fully tenanted block of 18 en-suite bedrooms - each equipped with prepaid electricity and water meters - in one of Durban''s most dynamic and accessible suburbs. A turnkey income-generating property ideal for student lodging, nursing staff housing, general rentals, or even hourly-let schemes e.g., for healthcare workers or events.
Why Glenwood Works for Investors:
In close proximity to the University of KwaZulu-Natal Howard College Campus and Durban University of Technology, guaranteeing consistent tenant demand from students and staff alike
- Surrounded by top-tier schools including Durban Girls'' High, Glenwood High, St Henry''s Marist College, and Penzance Primary - making it highly attractive for educational staff or mature students
- Minutes from Life Entabeni and St Augustine''s Hospitals, offering ideal conditions for healthcare accommodation adjacent to major medical institutions
- Effortless commuting with access to the N3 and M8 arterial routes, regular bustaxi transit, and quick access to Durban CBD and beaches.
Property Highlights:
18 fully en-suite bedrooms - all with prepaid water and electricity meters.
- 100 occupancy, ensuring immediate and stable cash flow.
- Versatile tenant market: perfect for students, medicalnursing staff, professionals, or flexible short-term lets.
- Located in a bustling, high-demand rental corridor - known for strong lettings and consistent rental growth.
- Immediate revenue generation with full tenancy.
- High flexibility - whether positioned as dedicated student or healthcare housing, general rentals, or hybrid models.
Exceptional location premium: appealing to multiple stable tenant types, ensuring low vacancy risk and future value growth.
CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.
Property details
- Listing number T5192687
- Property type Commercial
- Listing date 15 Aug 2025
- Land size 682 m²
- Floor size 342 m²
- Rates and taxes R 3 000
Property features
- Bedrooms 18
- Bathrooms 18