Property description

This exceptional investment property in the heart of Glenwood comprises two well-maintained residential buildings offering a total of 24 self-contained units. The first building consists of 14 units, while the second contains 10 units, creating a diverse and high-demand rental offering in one of Durban's most sought-after rental nodes. The property is fully occupied and currently generates an income exceeding R80,000 per month, with impressively low operational costs, making it an attractive turnkey investment with strong cash flow.

Ideally positioned close to Durban University of Technology as well as several reputable private colleges and tertiary institutions in the surrounding area, the property enjoys consistent rental demand from students and young professionals alike. Its central location also offers easy access to major transport routes, shopping centres, restaurants, and essential amenities, further enhancing tenant convenience and long-term occupancy stability.

Designed for practical and independent living, all units are self-contained, providing tenants with privacy and comfort while minimizing management complexity. With a proven rental track record, strong monthly returns, and excellent positioning within a thriving educational hub, this property presents a rare opportunity for investors seeking a stable, income-generating asset with future growth potential.