R 4 495 000
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80 m² Commercial space in Glenwood

10 708 m² 80 m²

Investment Opportunity in Glenwood: 6 Unit Block with Great Rental Potential

Soukop Property Group International is proud to present a fantastic opportunity to acquire a 6-unit residential block in the sought-after suburb of Glenwood.

This property comprises:

4 Two-Bedroom Apartments: Each featuring two bathrooms, a spacious open-plan kitchen, and lounge area.

2 Bachelor Flats: Well-designed, cozy living spaces.

Parking: Each unit comes with a dedicated parking space.

Property Highlights:

Ideal location near public transport and UKZN Medical School.

Consistent rental income of R34,600 per month, with potential for growth as rents havent been increased since 2019.

One unit is currently vacant, offering immediate potential for increased returns.

All units are equipped with prepaid electricity meters, making management easy.

This well-maintained property is perfect for investors looking to expand their portfolio with a steady income-generating asset.

Dont miss out! Schedule a viewing today to experience the spaciousness and excellent condition of this investment opportunity.

Contact me to book a viewing or for more information.

Property details

  • Listing number T4837614
  • Property type Commercial
  • Listing date 23 Oct 2024
  • Land size 708 m²
  • Floor size 80 m²
  • Rates and taxes R 2 137

Property features

  • Bathrooms 10

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