- 6
- 10
- 708 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 2137.00
Property description
Property Overview:
Located in the heart of Glenwood, this luxurious 8-bedroom, 10-bathroom
marionette offers an exceptional investment opportunity for those seeking a
steady retirement income. This well-maintained property has been expertly
converted into six spacious 2-bedroom flats along with additional bachelor
flats, each mirroring the other in layout and design, and generating
significant income.
Ground Floor Units
Each ground-floor unit features:
- A spacious open-plan lounge,
dining room, and kitchen. - A modern kitchen with ample
built-in cupboards, stunning granite countertops, and a double sink. - Two well-sized bedrooms with
built-in cupboards. - A family bathroom and a master
bedroom with an en-suite bathroom, including a shower.
First Floor Units
Each first-floor unit offers:
- An open-plan lounge, dining
room, and kitchen. - A well-appointed kitchen with
built-in cupboards, granite countertops, an oven, hob, and double sink. - Two bedrooms with a family
bathroom. - A master bedroom with an
en-suite bathroom and shower.
Bachelor Flats
Each bachelor flat includes:
- An open-plan lounge, dining
room, and kitchen. - Built-in cupboards and granite
countertops, making these units a perfect addition to the property’s
income stream.
Prime Location and Convenience
This property is ideally situated for convenient access to public
transportation via two major roads within walking distance. It’s also close to
a variety of schools, hospitals, and tertiary institutions such as UKZN,
Coastal College, and DUT.
Additional Features
- Aluminum windows throughout the
property ensure durability and style. - Fully tarred premises reduce
yard maintenance requirements. - Concrete fencing and gated
entry provide enhanced security. - A total of 12 open parking
spaces (6 per unit), providing ample parking for all residents.
Investment Opportunity
Offering peace of mind with its consistent income stream and low-maintenance
requirements, this property presents an ideal opportunity for those seeking
reliable, long-term returns. Don’t miss your chance to invest in Glenwood’s
thriving market—contact us today to schedule a viewing and secure this prime
property!
Property Details
- 6 Bedrooms
- 10 Bathrooms
- 6 Lounges
- 6 Dining Area
Property Features
- Access Gate
- Kitchen
- Fibre ready
- Gardener's toilet
| Bedrooms | 6 |
| Bathrooms | 10 |
| Erf Size | 708 m2 |
Contact the Agent
Len Van Rooyen
Candidate Property Practitioner