Commercial Property in Glenwood For Sale

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Description

High-Yield Student or Nursing Accommodation – Fully Let in Trendy Glenwood

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.

CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.

Darren Moodley
Darren Moodley
REMAX Address (Berea)
Full Status Property Practitioner
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CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as REMAX Address (Berea) operates in terms of a franchise agreement with REMAX of Southern Africa.