5 Bed House in Glenwood
Investor''s Dream Opportunity!
Rawson Berea presents this exceptional property investment that combines a well-appointed 2-bedroom main house with four additional rent-able units, ensuring a strong monthly rental yield.
The main house is perfect for owner occupancy, featuring two spacious bedrooms, each with a private en-suite bathroom: one with a shower and the other with a bathtub. An inviting lounge and dining area flows seamlessly into a spacious kitchen equipped with elegant cabinetry, granite counter tops, and a washing machine fitting. A dedicated office space opens onto a private garden, complete with a built-in braai area, making this an ideal setting for relaxation or work-from-home convenience. The main house also includes a double garage with an additional washing machine fitting.
The rent-able units each offer unique appeal:
Units 1 & 2: Comfortable single rooms featuring under-counter fridges and shared access to a bathroom and kitchen area.
Unit 3: A studio apartment with its own bathroom, complete with a shower for added convenience.
Unit 4: A spacious 1-bedroom flatlet featuring a lounge, kitchen, bedroom, bathroom, and verandah, ideal for tenants seeking more space and privacy.
Tenants enjoy the benefit of a separate motor gate and pathway, ensuring privacy and ease of access to their units. This investment is projected to deliver a gross rental yield of R 17,700 per month by January 1, 2025.
For those seeking a prime investment with an impressive return, dont miss the chance to explore this unique property. Contact Mia Badli today for an exclusive tour.
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Property details
- Listing number T4850096
- Property type House
- Listing date 1 Nov 2024
- Land size 705 m²
- Rates and taxes R 1 323
Property features
- Bedrooms 5
- Bathrooms 3
- En-suite 1
- Lounges 1
- Garage parking 2
- Pet friendly
- Built in cupboards
- Study
- Kitchen
- Garden
- Aircon