Property description

Distinguished Investment Property in Glenmore, Durban
This exceptional residential property in the highly sought-after suburb of Glenmore presents a sophisticated investment opportunity for discerning investors and families alike. The property comprises a substantial main residence alongside three independently tenanted units, establishing a proven and reliable income-generating asset. The strategic location near UKZN Nelson Mandela Medical School and UKZN Howard College positions this property as an exceptionally attractive acquisition for student accommodation purposes.
The principal residence features six generously proportioned bedrooms and five well-appointed bathrooms, including a dedicated en-suite. The main house encompasses three comfortable bedrooms, two bathrooms, a meticulously fitted kitchen, a practical scullery, a spacious lounge, and a formal dining room. Each bedroom is equipped with fitted wardrobes, ensuring optimal storage and organisation. The property further comprises three additional independent units: a charming one-bedroom cottage, a cosy one-bedroom wendy hut, and a versatile studio apartment, all currently tenanted and generating immediate rental revenue.
The property boasts a single garage and occupies an expansive erf of 848 square metres, providing substantial grounds and development potential. Strategically positioned within the secure heart of Glenmore, this residence offers an unparalleled lifestyle harmonising urban convenience with suburban tranquillity. The location affords convenient access to premier shopping facilities, diverse dining establishments, fitness centres, and comprehensive healthcare services.
Key Features
Six bedrooms and five bathrooms across main residence and additional units
Main house: three bedrooms, two bathrooms with en-suite, fitted kitchen, scullery, lounge, dining room
Three independent tenanted units: one-bedroom cottage, one-bedroom wendy hut, studio apartment
Single garage and substantial 848 sqm erf
Fitted wardrobes throughout bedrooms
Prime Glenmore location proximate to UKZN campuses and essential amenities
This distinguished property represents an exceptional opportunity to acquire a comfortable family residence whilst simultaneously establishing a lucrative income stream. The existing tenancies provide immediate financial returns, making this an astute investment proposition. We cordially invite you to arrange a comprehensive viewing at your earliest convenience.