Jan
2020
Durban North is a region in KZN which is and will continue to command strong demand in the property market. This is in part due to its neighboring suburbs of La Lucia, Glen Hills and a bit further down the road Umhlanga Rocks.
These suburbs are all middle to upper-class suburbs with stable growth in property values, unique architecture and varied property usage. The suburb of Glenashley’s property usage comprises apartments, clusters, freehold homes and townhouses. The homes in Glenashley make full use of the landscape to offer views out to the white beaches, the lagoon and surrounding countryside. This feature is also part of the elevated values of property in the suburb with construction costs being higher than houses on level ground.
The prime location of the suburb is one of its attractions, only 20 minutes form the Durban CBD and three large industrial hubs of Briardene, Glen Hill and Red Hill means travel is minimized.
The suburb of Glenashley is also an ideal holiday home investment prospect for people from as far as Johannesburg. The target market is not limited to apartments as many investors seek the exclusivity of suburbs like Glenashley and its growth in property values.
Tourists and permanent residents will find all the important amenities at hand like malls, entertainment venues and schools.
For tourists there is a lot to be had like the white beaches, nature reserves and nightlife. The KZN weather is favorable almost all year round which is on more reason why the suburb and region is favored as an investment prospect.
For permanent residents the rental market is equally buoyant with a high demand for homes in the suburb.
Here is a list of some of the popular schools in and near to Glenashley Danville Park Girls High School, Durban North College and Northlands College.
Malls servicing the suburb are La Lucia Mall, Glenore Centre and Sunningdale Centre.
Take a tour of the exclusive homes in Glenashley via the Myroof web-site.
