342 m² Commercial space in Glenwood
Glenwood, Durban Central, KwaZulu-Natal
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Darren Moodley
RE/MAX Address Berea
Details
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.
Location
Map showing the location of 342 m² Commercial space in Glenwood