Thu, 22 October 2026 at 11:00

PORTFOLIO DISPOSAL: Blue-Chip Tenanted Commercial Investment In Glenwood

76 Brand Road, Glenwood, Durban, Durban, Durban, KwaZulu-Natal

Est. opening bidEst. for members

Market price · profitMembers only

Site Extent: ± 1 355 m² | Total GLA: ± 792 m² | AAA-Grade Commercial Property - Positioned Opposite Davenport Square | Potential Gross Annual Income: ± R2.248 Million (excluding recoveries) | Current lease expiry March 2030 | Ground floor anchor tenant | Two first floor office units – vacant (either ± 429 m² (combined) or ± 215 m² (individual)) | Further letting potential | 40 Secure on-site parking bays | Situated within the Glenwood UIP Precinct The property comprises a well-positioned commercial investment situated on a site measuring approximately 1 355 m², with a total gross lettable area of approximately 792 m². The accommodation is arranged across three separate spaces, comprising an ABSA banking branch on the ground floor and two vacant office suites on the first floor which are all supplemented by a basement parking level. ABSA bank occupies the ground-floor banking premises as the property’s anchor tenant, providing an established rental income stream. The first floor measures approximately 430 m² and is divided into two office suites of approximately 215 m² each. The suites may be let independently or combined to accommodate a single occupier requiring the full first-floor area. Each office suite includes its own kitchenette and ablution facilities, together with ducted air-conditioning, suspended ceilings, power skirting and independent electricity and water metering. A total of 40 secure on-site parking bays is provided across open and basement parking areas. Vehicular access is controlled by automated gates, while the property is enclosed by perimeter walls and fencing. The combination of an established ground-floor anchor tenant, flexible first-floor office accommodation, secure on-site parking and a prominent position opposite Davenport Square makes the property suited to an investor or owner-occupier seeking commercial premises within Glenwood.See this lot on In2Assets — photos, legal pack and registration →

The property

Type: Commercial
Extent: 1 355 m²

The sale

Auction house: In2Assets
Format: Live auction
Venue: Mount Edgecombe Country Club

Market price & sales history

What is it worth?Members see the similar-size properties for sale in Durban, the market price they give this one, the profit at the est. opening bid, and the area’s Deeds Office sales by year.

Lot details are taken from In2Assets’s website and change often; sales may be postponed, withdrawn or sold beforehand. Confirm with the auction house and read its conditions of sale before you bid. Market prices are estimates from asking prices of similar properties for sale.