6 Bedroom House for sale in Glenmore

Perfectly positioned just 700 metres from University of KwaZulu-Natal (UKZN), this well-maintained and income-generating property presents an outstanding investment opportunity. Currently fully occupied with both private and NSFAS registered students, this property operates as successful student accommodation, the property generates approximately +R40,000 per month in rental income and presently accommodates 12 tenants comfortably with room for more, ensuring consistent demand due to its prime location. Property Features: Main House: • 6 fully furnished bedrooms (beds, desks, and built-in cupboards) • 3 shared bathrooms • Spacious communal kitchen • Comfortable lounge and dining area Basement Units (Self-Contained): • Unit 1: 1-bedroom with private kitchen and bathroom • Unit 2: 2-bedrooms with private kitchen and bathroom Additional Features: • Freshly painted inside and out • Inviting common pool area • Secure tandem parking behind locked gates • Convenient access to shops, public transport, and essential amenities This split-level property is designed for practical student living, offering both communal and private spaces to suit different tenant needs. Its proximity to UKZN ensures ongoing rental demand, making it a solid addition to any investment portfolio. A rare opportunity to secure a high-yield property in a sought-after student hub. Contact us today to arrange your private viewing. CHRIS AND LISA PEARSON PROPERTIES (PTY) LTD trading as RE/MAX Address (Umhlanga) operates in terms of a franchise agreement with RE/MAX of Southern Africa.