Commercial space in Glenwood

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Multi-Unit Student Accommodation Complex in GlenwoodThis commercial property in Glenwood, Durban, presents a compelling investment opportunity as a fully operational student accommodation or regular room rentals. Comprising 33 individual units, each equipped with its own bedroom, bathroom, and kitchen facilities, the property is ideally positioned to serve the substantial student population in the area. The suburban location offers convenient access to educational institutions and local amenities, making it an attractive choice for student renters seeking quality accommodation.The complex features practical infrastructure designed for multi-unit residential management, including six parking spaces to accommodate residents and visitors. The 624 square meter erf provides a solid foundation for the existing development, with each unit independently appointed to ensure tenant comfort and satisfaction. The property''s established operational status means immediate income generation potential for investors seeking stable, recurring revenue from the education sector.Each room has a pre- paid electricity and water meter and fire alarm system. The bathroom has an instant water heater.Key Features33 self-contained units with individual bedrooms and bathrooms33 kitchens for independent meal preparationSix parking spaces for residents and guests624 sqm erf in suburban Glenwood locationEstablished student accommodation operationProximity to educational institutions and local servicesThis property represents a proven commercial investment with consistent demand from the student rental market. Whether you are an experienced property investor or seeking to expand your portfolio, this multi-unit complex offers reliable returns and operational efficiency. Contact us today to arrange a viewing and discuss the investment potential of this established student accommodation facility.CHRIS AND LISA PEARSON PROPERTIES PTY LTD trading as REMAX Address Berea operates in terms of a franchise agreement with REMAX of Southern Africa.

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