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Glenwood, Glenwood, Durban Central, KwaZulu-Natal
R 4 799 990
Investor's Dream Glenwood | Multi-Unit Income Property and its HOT HOT HOT Investor''s Dream Glenwood | Multi-Unit Income PropertyAn extremely rare opportunity has come to market in sought-after Glenwood with an income possibility of R54 k pm return the perfect income-generating property with 5 individual units, excellent return potential, and endless possibilities for the savvy investor.MAIN DUPLEX Unit 1A spacious double-storey home offering:3 Bedrooms main ensuiteFamily bathroom Separate toilet upstairsDownstairs bathroom2 Lounges Separate dining roomBarentertainment roomPrivate pool courtyardGarageADDITIONAL UNITSUnit 21 Bedroom1 BathroomKitchen & loungeUnit 32 BedroomsKitchen & bathroomUnit 42 BedroomsLarge kitchen & loungeUnit 52 BedroomsProperty ExtrasParking for 9 vehiclesGarage facilitiesLaundry room dedicated drying areaElectric fencing for added security3 Flats feature private balconiesCurrent Rental Income: R45 000 pmOwner occupies one unit Fully tenanted potential R55 000 pmA solid income-producing block with strong bones and massive potential in a high-demand rental area. Perfect for long-term return, student accommodation, shared living or rental uplift upgrades. Show more Show less
Estimated monthly repayment
R 45 328
on a R 4 319 991 bond over 20 years at 11.25%
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Glenwood, Glenwood, Durban Central, KwaZulu-Natal
Listed by
Johan Van Zyl
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