R 5 950 000
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650 m² Commercial space in Bulwer

6 959 m² 650 m²

Apartment block reduced by R1M!!

This well-cared-for block of flats in Glenwood is close to many amenities, transport, freeways, shops, and hospitals. It currently consists of :

a 3-bedroom garden duplex unit with 2 bathrooms, 2 lounges, a bar area, a pool, and an enticing thatch gazebo. There is garaging for 2 vehicles, loads of extra parking space, storerooms, and a laundry area

3 of 2 bedroom flats with bathrooms, lounge, dining rooms, carports or garage

1 3-bedroom flat with bathroom, lounge, kitchen, lock-up carport, and a balcony and finally,

a 1 bedroom flat with lounge and open plan kitchen with own secure parking.

This building has been revamped in the units and fetches a very good rental.

However, the opportunities are endless and could suit a new medical suite, rehabilitation center, office complex, or student accommodation. Plans were once drawn to make over 45 rooms for students with a central lounge, kitchen, and dining facility.

All this within a beautiful Spanish-style setting.

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Property details

  • Listing number T4016062
  • Property type Commercial
  • Listing date 23 Jan 2023
  • Land size 959 m²
  • Floor size 650 m²
  • Rates and taxes R 4 370

Property features

  • Open parking 6

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