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 Durbans 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 Henrys Marist College, and Penzance Primary - making it highly attractive for educational staff or mature students

Minutes from Life Entabeni and St Augustines Hospitals, offering ideal conditions for healthcare accommodation adjacent to major medical institutions

Effortless commuting with access to the N3 and M8 arterial routes, regular bus/taxi 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, medical/nursing 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 RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.