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Glenwood, Glenwood, Durban, KwaZulu-Natal
R 1 950 000
Perfectly positioned on Rick Turner Road, this exceptional property offers the ideal combination of comfortable family living, strong rental returns, and a prime location. Currently operating as student accommodation, the property generates approximately R30,000 per month, with room to increase income even further—making it a smart, income-generating asset. At the same time, its spacious layout and excellent condition make it perfectly suited for a large or extended family home. The property features 6 well-sized bedrooms (including a converted study/balcony) and 3 bathrooms, with 2 en-suite, offering both convenience and privacy. The home is in immaculate condition, well maintained, and requires no additional work—a true move-in ready opportunity. Additional features include: • Separate granny flat with its own kitchen and bathroom – perfect for extended family or extra rental income • 1 garage plus parking for up to 3 vehicles • Alarm system and CCTV for added peace of mind • Fully walled and fenced property, ensuring privacy and security • Flexible layout ideal for family living or multi-let/student accommodation Conveniently located close to: • Well-known schools and tertiary institutions • Popular shopping centres and everyday amenities • Parks and recreational areas • Major transport routes for easy accessibility Whether you're looking for a spacious home for your family or a high-yield investment, this property offers the best of both worlds. 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.
Estimated monthly repayment
R 18 414
on a R 1 755 000 bond over 20 years at 11.25%
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Glenwood, Glenwood, Durban, KwaZulu-Natal
Fair-value check
Good valuePriced 39% below comparable 5-bed houses for sale in Glenwood
Based on 38 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Willem Van Zyl
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