About this property

An outstanding investment opportunity awaits in the sought-after suburb of Glenmore. This expansive and well-positioned property has been thoughtfully configured to operate as high-capacity student accommodation, offering exceptional potential for investors looking to capitalise on Durban's ever-growing student rental market. Designed to comfortably accommodate a large student community, the property boasts an impressive 240 bedrooms and 43 bathrooms, complemented by six fully equipped kitchens that provide convenience and practicality for residents. With a generous floor area of 736 sqm, the property offers a functional and well-balanced living environment tailored to student needs. Residents can enjoy two spacious communal lounges ideal for relaxation and social interaction, as well as a dedicated study area that supports a focused academic lifestyle. The property's layout has been carefully considered to create a comfortable and community-driven atmosphere while maintaining practicality and efficiency. Security and convenience are key highlights, with features including an access-controlled gate, security gate, burglar bars, private driveway, and water tanks for added reliability and peace of mind. Elevated positioning further enhances the property with scenic views over the surrounding area. Adding even greater value, the property includes a second house on the premises, creating exciting possibilities for additional accommodation, staff quarters, communal facilities, or future expansion opportunities. Perfectly situated within close proximity to major educational institutions and essential amenities, this property presents a rare chance to secure a substantial income-generating asset in one of Durban's established student accommodation hubs. Peach House: Room 1: 3 sleeper Room 2 : 3 sleeper Room 3 : 3 sleeper Room 4 : 3 sleeper Room 5 : 3 sleeper Room 6: : 3 sleeper Room 7 : 3 sleeper Room 8 : 3 sleeper Room 9 : 3 sleeper Room 10 : 3 sleeper Room 11 : 3 sleeper Room 12 : 3 sleeper Room 13 :3 sleeper Room 14 : 2 sleeper Room 15 : 2 sleeper Room 16 : 2 sleeper Room 17 : 2 sleeper Room 18 : 2 sleeper Room 19 : 2 sleeper Room 20 :2 sleeper Room 21 : 2 sleeper 1 study room 2 kitchens Upstairs kitchen Downstairs kitchen 9 showers and 6 toilets Total number of beds (58) White House : Room 1 : 2 sleeper Room 2 : 3 sleeper Room 3 : 3 sleeper Room 4 : 2 sleeper Room 5 : 3 sleeper Room 6 : 2 sleeper Room 7 : 2 sleeper Room 8 : 2 sleeper Room 9 : 2 sleeper Room 10 : 2 sleeper Room 11 : 2 sleeper Room 12 : 2 sleeper Room 13 : 2 sleeper Room 14 : 2 sleeper Room 15 : 2 sleeper Room 16 : 2 sleeper Room 17 : 2 sleeper Room 18 : 2 sleeper Room 19 : 2 sleeper Room 20 : 2 sleeper Room 21 : 2 sleeper Room 22 : 2 sleeper Room 23 : 2 sleeper Room 24 : 2 sleeper Room 25 : 2 sleeper Room 26 : 2 sleeper Room 27 : 1 Sleeper Room 28 : 1 sleeper Room 29 : 2 sleeper Room 30 : 1 sleeper Room 31 : 1 sleeper 1 kitchen 9 toilets and 8 showers Total number of Beds (62) Small Green House : Room 1 : 2 sleeper Room 2 : 2 sleeper Room 3 : 2 sleeper Room 4 : 1 sleeper Room 5 : 2 sleeper Room 6: 2 sleeper 1 Tv Room 2 toilets.. 1 shower ...1bath basin Total number of beds (11) BLACK HOUSE: Room 1 : 2 sleeper Room 2 : 3 sleeper Room 3 : 3 sleeper Room 4 : 3 sleeper Room 5 : 2 sleeper Room 6 : 2 sleeper Room 7 : 2 sleeper Room 8 : 3 sleeper Room 9 : 3 sleeper Room 10 : 3 sleeper Room 11 : 3 sleeper Room 12 : 3 sleeper Room 13 : 4 sleeper Room 14 : Laundry room Room 15 : 2 sleeper Room 16 : 2 sleeper Room 17 : 1 sleeper Room 18 : 2 sleeper Room 19 : 2 sleeper Room 20 : 3 sleeper Room 21 : 3 sleeper Room 22 : 3 sleeper Room 23 : 3 sleeper Room 24 : 2 sleeper 2 kitchens Upstairs kitchen Downstairs kitchen 7 insuites bathrooms upstairs 4 showers and 3 toilets downstairs 1 toilet and 2 showers in basement Total number of beds ( 59) Green House : 23 Rooms in total Room 1 =2 sleeper Room 2 =3 sleeper Room 3 =3 sleeper Room 4= 2 sleeper Room 5 = 2 sleeper Room 6= 2 sleeper Room 7=Tv room Room 8 = 1 sleeper Room 9 = 2 sleeper Room 10 =2 sleeper Room 11 = 2 sleeper Room 12 =3 sleeper Room 13 =2 sleeper Room 14 = 2 sleeper Room 15 =3 sleeper Room 16 =2 sleeper Room 17 = 2 sleeper Room 18 = 3 sleeper Room 19 =3 sleeper Room 20 =2 sleeper Room 21 =3 sleeper Room 22 =2 sleeper Room 23 = 2 sleeper Bathroom Downstairs : 2 toilet 4 bathrooms Upstairs : 7 bathrooms 7 Toilets 1 kitchen downstairs 50 Beds CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Berea) operates in terms of a franchise agreement with RE/MAX of Southern Africa.