Apartment
·
for sale
R 5 950 000
R 7 024/m²
Commercial Property in Glenwood For Sale
Congella
· 847 m² · 12 Baths · Apartment
Congella · 847 m² · 12 Baths · Apartment
This exceptional investment property in the heart of Glenwood comprises two well-maintained residential buildings offering a total of 24 self-contained units. The first building consists of 14 units, while the second contains 10 units, creating a diverse and high-demand rental offering in one of Durban's most sought-after rental nodes. The property is fully occupied and currently generates an income exceeding R80,000 per month, with impressively low operational costs, making it an attractive turnkey investment with strong cash flow. Ideally positioned close to Durban University of Technology as well as several reputable private colleges and tertiary institutions in the surrounding area, the property enjoys consistent rental demand from students and young professionals alike. Its central location also offers easy access to major transport routes, shopping centres, restaurants, and essential amenities, further enhancing tenant convenience and long-term occupancy stability. Designed for p
This exceptional investment property in the heart of Glenwood comprises two well-maintained residential buildings offering a total of 24 self-contained units. The first building consists of 14 units, while the second contains 10 units, creating a diverse and high-demand rental offering in one of Durban's most sought-after rental nodes. The property is fully occupied and currently generates an income exceeding R80,000 per month, with impressively low operational costs, making it an attractive turnkey investment with strong cash flow. Ideally positioned close to Durban University of Technology as well as several reputable private colleges and tertiary institutions in the surrounding area, the property enjoys consistent rental demand from students and young professionals alike. Its central location also offers easy access to major transport routes, shopping centres, restaurants, and essential amenities, further enhancing tenant convenience and long-term occupancy stability. Designed for p
R 5 950 000