Exceptionally positioned just 200 metres from UKZN, 302 & 304 Sphiwe Zuma Avenue offers outstanding accessibility for students, staff, visitors and residents. The properties are conveniently accessible from surrounding arterial routes and benefit from ample onsite parking, making them practical for both residential and commercial-oriented uses.
Location
Located in Glenmore, Durban, this unique offering comprises two freestanding properties at 302 and 304 Sphiwe Zuma Avenue. Their prime positioning within walking distance of UKZN places them within one of the area's most established and sought-after student and residential nodes, offering an exceptional combination of location, convenience and investment potential.
Surrounding Area
The properties are situated within an established residential precinct characterised by a strong student presence, established homes, student accommodation, educational facilities, retail amenities and convenient access to Durban's wider transport network. The close proximity to UKZN creates a natural and ongoing demand base for quality student and residential accommodation.
Features
The offering comprises two freestanding properties currently operating as Glenmore Lodge. The lodge component features 13 en-suite bedrooms and is being sold lock, stock and barrel, inclusive of the movable items required to continue operating the business as a lodge. The second property comprises a three-bedroom house, swimming pool and ample onsite parking. The existing improvements provide flexibility for continued operation or future repositioning.
Branding Exposure
The existing Glenmore Lodge operation provides an established identity and an opportunity for an incoming purchaser to continue with an existing hospitality concept or reposition the property under a new brand. Its highly strategic location just 200 metres from UKZN provides excellent exposure to students, academics, visitors and the broader university community.
Potential Uses
The properties present an exciting opportunity for investors, student accommodation operators and developers. Potential uses include continuing the existing lodge operation, converting the accommodation into student housing, creating a private student residence or pursuing a residential redevelopment, subject to the necessary approvals. The combination of two freestanding properties, existing accommodation infrastructure and proximity to UKZN creates multiple avenues to unlock additional value.
A RARE GLENMORE INVESTMENT OPPORTUNITY
Two freestanding properties • 200m from UKZN • 13 En-Suite Bedrooms • 3-Bedroom House • Swimming Pool • Ample Parking • Double Garage • Sold Lock, Stock & Barrel • Student Accommodation & Redevelopment Potential