- 11
- 5
- 950.0 m2
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Mun. Rates & Taxes: ZAR 1500011.00
Property description
Discover a versatile commercial property opportunity situated in the established suburban node of Glenwood, Durban. This expansive property, set on a 950 sqm erf, presents a unique configuration ideal for a range of business ventures requiring flexible space and loads of room to building another 6 units at the back of the property and extend the front and convert the garages into larger ground floor apaprtments.
The layout features an impressive 3 floors with 5 apartments, 1sr floor 1 x 3bedroom apartment , 2nd and 3rd floor are 2 x 2bedroom apartments, and there are staff quarters. Each apartment has 1 bathroom ,kitchen and lounge , providing significant operational flexibility for multi-tenant setups, a guesthouse, or a specialized medical practice.
This property can be adapted for various commercial uses such as individual offices, consulting rooms, or dedicated accommodation units. Complementing these spaces are 5 well-appointed bathrooms and 5 distinct kitchen areas, providing significant operational flexibility for multi-tenant setups, a guesthouse, or a specialized medical practice. The design supports diverse business models, allowing for independent operations within a single commercial footprint.
One of the property's most significant assets is the provision of 20 dedicated parking bays. This generous parking capacity is a crucial advantage for any commercial enterprise, ensuring convenience for clients, staff, and visitors in a busy urban environment. The substantial erf size also offers potential for future expansion or landscaping to enhance the property's appeal.
This commercial offering is perfectly positioned for investors or owner-occupiers seeking a property with inherent adaptability and strong income-generating potential. Its robust structure and multiple functional areas make it suitable for immediate occupation or strategic redevelopment to maximize its commercial value. There is enough room at the back of the property to build an additional six apartments with the added benefit of enough room on the side of the property to enclose and utilize the area for common study areas or a laundry.
Glenwood is a sought-after area in Durban, known for its vibrant community, accessibility, and proximity to essential amenities and transport routes. This suburban location offers a balanced environment, attracting both residential and commercial interest, making it an excellent choice for a thriving business.
Key Features:
* Commercial Sale Opportunity
* 5 Versatile apartments
* 5 Bathrooms
* 5 Kitchens
* 950 sqm Erf Size
* 20 Parking Bays
* Suburban Location in Glenwood, Durban
Property Details
- 11 Bedrooms
- 5 Bathrooms
Property Features
| Bedrooms | 11 |
| Bathrooms | 5 |
| Erf Size | 950.0 m2 |
Contact the Agent
Caleb Churman
Full Status Property Practitioner
































