R2,650,000

R2,650,000

13 Bedroom Freehold For Sale in Glenwood
13
Bedrooms
4
Bathrooms
253 Z.K. Mathew Road
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High-Yield Student Accommodation Investment

Web Ref. H7622
Land size 557.00 m²
Monthly Bond Repayment
R26,903.56
13 Bedrooms & 3 Kitchens
​Positioned in close proximity to major tertiary institutions—within walking distance for some campuses and a short drive to others—this well-maintained property is specifically configured for maximum rental return in the student accommodation market.
​Property Configuration:
​13 Bedrooms: Spread across three distinct living zones—the main upstairs residence, the downstairs level, and a converted garage wing—offering flexible capacity for single or shared student occupancy.
​3 Full Kitchens: Dedicated kitchens servicing the upstairs level, downstairs level, and converted garage independently, ensuring smooth day-to-day living for a high-density tenant base.
​4 Bathrooms: Well-distributed to comfortably service all three living areas.
​Additional Utility: Multiple storerooms providing valuable extra space for maintenance equipment, linen, or tenant storage.
​Investment Highlights:
Presented in good, move-in-ready condition, this property is a turnkey income generator. With 13 bedrooms and three self-contained kitchen zones, the layout minimizes friction among tenants while maximizing monthly yield potential.
​Note: Before publishing, double-check local municipal zoning and student accommodation compliance/accreditation requirements so you can highlight any existing approvals to serious investors.
Monthly Rates R7,320.08

Features

Interior
13 Bedrooms
4 Bathrooms
5 Kitchens
Exterior
6 Parkings
Pet Friendly
Pool
Domestic Accom
Sizes
Land Size 557 m²
Additional Amenities
Alarm System
24 Hour Response
Blinds
Curtain Rails
Chlorinator
Dishwasher Connection
Double Basin
Double Storey
Driveway
Electric Fencing
Extractor Fan
Flatlet
Garden
Grill
Laundry
Oven & Hob
Residential
Scullery
Pantry
Shared Living
Shower, Toilet and Basin
Special Doors
Splash Pool
Totally Fenced
Tiled Floors
Totally Walled
Washing Machine Connection
Wooden Floors
Listing Info
Date Listed 12-11-26

Glenwood, Durban

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Disclaimer

While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.