- 18
- 18
- 342 m2
- 682 m2
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Mun. Rates & Taxes: ZAR 3000.00
Property description
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 bus/taxi 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, medical/nursing 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.
Property Details
- 18 Bedrooms
- 18 Bathrooms
Property Features
Video
Bedrooms | 18 |
Bathrooms | 18 |
Floor Area | 342 m2 |
Erf Size | 682 m2 |