4 Bed House in Glenwood

Prime Glenwood Home or Investment: Spacious Home with Income-Generating Cottage

RENTAL INCOME R20,450 with potential upside with potential additional bachelor room.

Location:

- Situated close to Penzance Primary School

- Less than 1KM from UKZN Howard College and Nelson Mandela School of Medicine

Main House Features:

- 3 spacious bedrooms with 1 smaller room currently being used as a room, which can be used as a study, all with built-in cupboards

- 2 bathrooms (one with a bathtub, separate shower and basin)

- A large, open-plan lounge leading to the entrance hall and private secure patio

- Full kitchen featuring a hob and under-counter oven, plus ample cupboard space

- Includes blinds, curtains, and curtain rails throughout

- Prepaid electricity meters installed for easy utility management

Current Rental Income from the four rooms: R13,450/month

Additional Amenities:

- Automated garage door with a brick-paved flooring

- Double garage with secure parking

- Burglar bars, security gates, and fenced perimeter for enhanced security

- Washing lines and ceiling fans in various rooms for convenience

- Perfectly suited for a family or as a rental investment with high income potential

2-Bedroom Flat:

- Offers additional rental income or space for extended family

- Self-contained with 2 bedrooms, kitchen and 2 bathroom

Current Rental Income: R7000/month

This property is close to schools, shops, and churches, making it ideally located for families or professionals. The seller is actively maintaining the property.