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Commercial Property For Sale in Glenwood, Durban

137 Penzance Road, Glenwood, Durban, KwaZulu-Natal, South Africa
R 2400000
RunningCosts Bond
Costs
Property Type Commercial
Erf Size NA
Levies R 0
Listing Date November 20, 2023
Floor Size NA
Rates and Taxes R 0
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Property description

Considering offers from R2 400 000

Extent: +/- 715 sqm | 6 Modern bedrooms with ensuites | Kitchen & dining area with outdoor veranda | Staff Room | Secure car parking at the back | Small building housing a fully functional laundry as well as a smaller, budget guest room with ensuite and kitchenette

A modern, profitable and environmentally friendly guest house located in Glenwood Durban, provides comfortable rooms and a beautiful indigenous garden. Local and international guests, businesspeople, tourists, academics, and visitors are long standing and repeat guests to this suburb facility which has earned the Distinction of a Green Grading. Completely "Environmentally Friendly" currently ranked 3rd out of 329 accommodation establishments and 3rd out of 102 guest houses in Durban, by Trip Advisor. The regular loyal guests give the business a retention rate of over 75%.

On sale by Auction the guest house comprises of 6 modern bedrooms with ensuites, a kitchen and dining area with outdoor veranda, plus a staff room. It is on two levels with secure car parking at the back and another small building housing a fully functional laundry as well as a smaller, budget guest room with ensuite & kitchenette.

The property next door is also on sale by Auction and is currently being used as the owners' residence. Upstairs and downstairs has an office (with toilet & shower) and a large, self-contained flatlet. There is also a sparkling pool, double garage, and another smaller budget guest room with ensuite. The upstairs has wooden floors throughout, 3 good sized bedrooms, one with ensuite, plus a separate bathroom/toilet. There is also a large lounge area, gas fitted kitchen with scullery which opens onto an upper deck overlooking the pool. Added to the guest house the pool situated on this property provides all the amenities for a 4-star grading for the guest house.

All amenities, including St Augustine Hospital, King Edward VIII Hospital and the University of Natal are located within proximity of the guest house. There are many schooling facilities within the area, which include Durban Girls High School opposite the property and Glenwood Boy's High School, and Penzance Primary School nearby.

  • Pool

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