Investment Goldmine! High-Yield Freehold Property with 15-Student Capacity – 4 Minutes to UKZN Howard College!
An unparalleled investment opportunity awaits in a prime area of upper Glenwood! This spacious freehold property is strategically positioned for the lucrative student accommodation market, located just 1.6 km (a quick 4-minute drive) from the main campus of the University of KwaZulu-Natal (UKZN) Howard College. With its extensive layout, the home, including its flatlets, has the high-potential capacity to comfortably accommodate up to 15 sharing students (+/- R70k pm based on the 2025 NSFAS rates) guaranteeing exceptional income generation.
The property sits on a generous 862 sqm. stand and features a versatile main residence with three spacious bedrooms, two bathrooms, a lounge, a dining room, a reception room, and a valuable private study/office nook. Crucially, the income-generating potential is amplified by the presence of two separate flatlets, each complete with a bed and a kitchenette, providing immediate and versatile rental streams.
The lifestyle features include a sparkling swimming pool and poolside entertainment area, a double automated garage, secure additional parking, and essential modern connectivity with a Fibre internet connection.
The property`s location offers extreme convenience, being close to essential amenities such as Davenport Square Shopping Centre (1.42 km) and Glenwood Village Shopping Centre (1.52 km). This property is a standout asset for investors seeking guaranteed demand and high yield in Durban`s student housing sector. Don`t miss this chance to acquire a powerful income generator!
Contact us today to secure this rare opportunity and book your private viewing!
