This particular property has massive potential for student accommodation because of its size and location.
The property sits on 2243m² of flat land, It comprises of spacious rooms i.e. 2 lounges, a large kitchen, 2 bedrooms, a dining room, and 2 bathrooms on the ground floor. The first floor comprises of 3 bedrooms, a study (which could be converted to a bedroom) and 2 bathrooms. The outside buildings comprise of 2 bedrooms and a bathroom. The property also comes with a laundry room, a workshop (which also could be converted to suite housing purposes), 2 triple garages and a large swimming pool.
The property is zoned GR2 (General Residential 2), the following uses are permitted:
• Dwelling houses
• Ancillary unit
• Institution (office space, hotel, crèche)
• Residential buildings (block of flats)
With alterations, land area could support a 49 unit structure which is very ideal for student accommodation
The property is located in Glenwood, Berea. It is 2.6km away from the Durban University of Technology (Steve Biko Campus), 3km away from the University of Kwa-Zulu Natal (Howard campus), 500m away from the local spar, and a walking distance to public transport.
Should you want to go ahead and schedule a private viewing of this property please contact agent.