R 6 700 000
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342 m² Commercial space in Glenwood

18 18 682 m² 342 m²

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

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