House for sale in Glenwood

*SOLE MANDATE* Positioned in the well-established and highly sought-after suburb of Glenwood, Durban, this solid block of flats presents an outstanding investment opportunity with strong, consistent rental income and excellent future development potential. Set on a generous 771 sqm erf, the property offers both immediate returns and long-term growth prospects, making it an ideal addition to any property portfolio. The building comprises 8 well-proportioned units, each designed to maximise space, natural light, and tenant comfort. The layout lends itself to easy management and strong tenant retention, while the overall condition of the property allows for a seamless, income-generating investment from day one. With the continued demand for rental accommodation in Glenwood, this property is perfectly positioned to deliver reliable occupancy and steady cash flow. A standout feature is the ample on-site parking, a rare and highly desirable asset in this area. This added convenience significantly enhances tenant appeal and ensures practicality for residents and visitors alike—an important factor that supports long-term rental stability and value. Ideally located, the property offers close proximity to a wide range of amenities, including reputable schools, universities, hospitals, shopping centres, restaurants, and public transport routes. Its central location provides easy access to Durban’s CBD, major transport arteries, and lifestyle hubs, further increasing its attractiveness to tenants such as young professionals, students, and families. For investors, the opportunity extends beyond the existing structure. The generous erf size and layout provide scope for future enhancements or redevelopment (subject to necessary approvals), allowing you to unlock additional value over time.