Save
Notify Similar
R4,500,000

Commercial for sale in Glenwood

6 Baths
838m²
Pets Allowed
Commercial Property For Sale In Glenwood, Durban, Kwazulu Natal

11-Bedroom Castle-Style Home for Sale in Bulwer Glenwood

A Grand Heritage Property with Unlimited Potential

Step into timeless elegance with this extraordinary double-storey heritage home, designed with castle-inspired architecture and filled with character, charm, and countless possibilities. This landmark property is not only beautiful but also incredibly versatile – ideal as a luxurious family home, a high-income-generating investment, or a unique business space.

📍 Prime Location:

Perfectly positioned in the popular and buzzing Bulwer Glenwood area, this property offers excellent visibility and easy access to shopping, schools, and major routes.

💼 Commercial Rights & Income Potential:

The property currently generates an impressive average monthly income of R100k–R120k, with multiple streams including Airbnb, long-term tenants, and professional offices. Its commercial rights make it perfect for:

Boutique guesthouse or Airbnb

Student accommodation

Pre-school or daycare

Professional offices or creative studios

🏡 Property Features:

11 Bedrooms (6 downstairs, 5 upstairs)

2 Kitchens (one on each level)

2 Toilets (upstairs & downstairs)

Basement office + 3 Wendy offices with air-conditioning

3 Self-contained flatlets (Airbnb unit ±R8k p/m, long-term tenant ±R5k p/m, chiropractor ±R3k p/m)

Secure parking for 6 vehicles (3 front, 3 back)

JoJo tank system & generator

Prepaid electricity meters in all sections

Rates: ±R10,000

✨ Additional Highlights:

Stunning heritage architecture with high ceilings and rich wooden finishes

Air-conditioning throughout

Lush, manicured garden and sparkling swimming pool

Automated gates for added security

Flexible layout perfect for mixed-use or multi-tenant occupancy

💡 Investment Opportunity:

Currently achieving R55k from the main property and R20k upstairs (temporarily let, will be vacant soon), this property is a prime candidate for student accommodation conversion or continued commercial use, offering strong returns at the current selling price

Property Type
Commercial
Bathrooms
6
Building Size
838m²
Pets Allowed
Yes
Reference
PC1451549
Property history
Listed for sale at R4,500,000
10 Sep 2025
Get to know Glenwood
As one of Durban’s oldest suburbs, Glenwood is a mixture of colonial-style mansions near the university to apartments closer to Durban CBD which allows for property buyers from different price brackets to find a place to call home here.
By clicking on "contact" you agree to our privacy policy
Contact Agent
What will my move cost?
Calculate your moving costs to Glenwood with the help of our moving partners.
Get quotes
Moving powered by
Property questions?
Get quick answers about buying, selling, renting, and more from our AI powered real estate bot