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Glenmore, Glenmore, Durban, KwaZulu-Natal
R 2 400 000
Prime Student Accommodation Opportunity in Glenmore, Durban Discover a significant investment opportunity in the thriving student hub of Glenmore, Durban. This residential property is strategically configured for student accommodation, offering a robust setup designed to meet the demands of multi-tenant living. Situated in a well-regarded area, the property provides convenient access to local amenities and educational institutions, making it an attractive option for students seeking comfortable and practical living arrangements. The property boasts an impressive 12 bedrooms, providing ample capacity for a substantial number of residents. Complementing these are four well-appointed bathrooms and four independent kitchens, facilitating shared living while maintaining individual privacy and convenience for meal preparation. This thoughtful layout is ideal for managing multiple occupants efficiently, a key feature for successful student housing. Set on a generous erf size of 1171 square metres, the property offers considerable outdoor space, a valuable asset in urban environments. Furthermore, it includes seven dedicated parking spaces, addressing a crucial need for both residents and visitors. This combination of extensive living quarters, multiple functional areas, and practical amenities positions the property as a compelling prospect for investors looking to capitalise on the student housing market in Durban. This offering represents a straightforward and functional asset, tailored for its specific purpose. We invite interested parties to arrange a viewing to fully appreciate the potential of this dedicated student accommodation facility. Key Features 12 Bedrooms 4 Bathrooms 4 Kitchens 7 Parking Spaces 1171 sqm Erf Size Ideal for Student Accommodation 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 22 664
on a R 2 160 000 bond over 20 years at 11.25%
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Glenmore, Glenmore, Durban, KwaZulu-Natal
Liivra AI market value
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Listed by
Zanele Mahlangu
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