Positioned on a prominent corner site within Manors, Pinetown, this property presents a rare and highly versatile re-development opportunity ideally suited for blocks of residential flats, mixed-use accommodation or student housing, subject to relevant municipal approvals. With three contiguous stands forming a well-proportioned land parcel, the site offers excellent footprint efficiency and strong market fundamentals for a forward-thinking developer.

Property Features
The property currently comprises a diverse mix of residential dwellings, converted offices, bachelor flats, garages, workshops, and outbuildings—each contributing to a stable and reliable annual income of approximately R912,000. This existing income stream provides an attractive holding return while planning, rezoning and redevelopment take place.

Additional on-site features include:
• A swimming pool and leisure areas
• Large yard areas offering substantial on-site parking
• Multiple access points due to its corner orientation
• A natural platform for phased development or full-scale redevelopment

While the improvements currently support several small businesses and long-standing residential tenants, the buildings themselves present immense upside as a redevelopment canvas, enabling a modernised, higher-density, and income-enhanced project.

Accessibility
The site benefits from superb accessibility:

• Located just 100 metres from Sanlam Shopping Centre, drawing constant foot and vehicular traffic.
• Easy access to Josiah Gumede Road (Old Main Road) and key Pinetown arterials.
• Close proximity to public transport routes, taxi ranks, and bus lines.
• Central to both community amenities and employment hubs in Pinetown, New Germany, and Kloof.

This level of accessibility strengthens its potential as a high-demand student accommodation hub or a sought-after residential rental development.

Location & Surrounding Area
Manors is a well-established suburb within Pinetown, characterised by a blend of residential homes, retail nodes, and light commercial operations. The area has shown consistent demand for secure, affordable rental accommodation due to its:

• Proximity to major schools, training institutions, and colleges
• Adjacency to popular shopping precincts and medical facilities
• Easy linkages to industrial and commercial business districts
• Steady influx of residents seeking well-located, modernised apartments

The corner position of the site enhances both visibility and accessibility while providing a strong anchor for a future multi-storey residential or mixed-use development.

Potential Uses & Redevelopment Vision
The property is exceptionally positioned for a transformative redevelopment, with several high-value outcomes possible:

1. Student Accommodation

Its strategic location near Pinetown’s educational nodes and public transport routes makes the site ideal for a modern student residence, offering:
• Shared or self-contained student units
• Study centres, shared lounges, and on-site security
• Ample parking and recreational areas

2. Block of Flats / Multi-Storey Residenti

A high-density apartment complex would maximise the land’s value through
:
• A mix of bachelor, 1-bedroom, and 2-bedroom units
• Attractive projected rental yields
• Common facilities such as laundry rooms, communal gardens, or recreational decks

3. Mixed-Use Residential with Ground Floor Offices

Front-facing commercial units on the corner could serve small businesses while retaining upper floors for residential tenants.

Branding & Exposure
Situated on a highly visible corner, the property commands strong branding potential:
• Prominent road frontage for naming rights or development branding
• High exposure for commercial components of a mixed-use build
• Visibility to pedestrian and vehicular traffic from multiple directions

This exposure supports both marketing of the future development and long-term brand identity for the project.

Conclusion
5 & 6 Glenridge Road and 21 Glenugie Road represent an incredibly rare redevelopment opportunity in the heart of Manors, Pinetown. With its strong corner-site visibility, existing income stream, proximity to essential amenities, and exceptional redevelopment potential—ranging from residential blocks to student accommodation—the property is perfectly positioned for a visionary developer seeking to unlock long-term value in a thriving urban node.