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23 The Promenade, Glenashley, Durban North, KwaZulu-Natal
R 13 500 000
Perfectly positioned in a sought-after coastal area, this property offers close proximity to major highways, ensuring easy access to surrounding areas, as well as nearby shopping centres and malls, making it highly attractive for both holidaymakers and long-term tenants. Set across two plots of land directly opposite Glenashley Beach, the location combines convenience with strong lifestyle appeal. The property features a well-designed layout with excellent income-generating capacity, including multiple self-contained units, ample parking, and dual access points for added convenience. Key Features: * Reception area * Pool and entertainment area * 10 self-contained units (each with prepaid electricity meters) * 2 staff quarters * Laundry room * Ample off-road parking * Two separate entrances Unit Breakdown: * 1 x 3-bedroom unit * 2 x 2-bedroom units * 4 x 1-bedroom units * 3 x studio apartments A versatile investment opportunity in a sought-after coastal location.
Estimated monthly repayment
R 127 485
on a R 12 150 000 bond over 20 years at 11.25%
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23 The Promenade, Glenashley, Durban North, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Busisiwe Du Plessis
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