3 Bedroom House in Glen Hills

Development Opportunity!

This 1,275m property in Durban North offers a unique development opportunity with multiple income-generating potential. The existing 3-bedroom house can be reconfigured into residential units, generating stable long-term income of R25,000 to R30,000 per month. Alternatively, it can be converted into student accommodation, yielding R30,000 to R45,000 per month, or a guesthouse/ short-term rental, generating R35,000 to R50,000+ per month.

The property''s prime location, large erf size, and flexible zoning potential make it an attractive investment opportunity. Potential development options include constructing additional residential units, creating a medical/commercial center, or establishing a shared office/co-working space. Each option offers significant income-generating potential, with long-term capital growth prospects.

With its versatility and prime location, this property is ideal for developers and investors seeking to capitalize on Durban North''s growing demand for housing, commercial spaces, and services. Whether you''re looking for stable residential income or high-value commercial returns, this property offers a range of opportunities to suit your investment goals. Contact us today to explore the possibilities and schedule a viewing.

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.