6 Bed Apartment in Glenwood
Luxury Income-Generating Property in Glenwood - Ideal for Retirement Income! Price very negotiable
Property Overview:
Located in the heart of Glenwood, this luxurious 8-bedroom, 10-bathroom
marionette offers an exceptional investment opportunity for those seeking a
steady retirement income. This well-maintained property has been expertly
converted into six spacious 2-bedroom flats along with additional bachelor
flats, each mirroring the other in layout and design, and generating
significant income.
Ground Floor Units
Each ground-floor unit features:
A spacious open-plan lounge,
dining room, and kitchen.
A modern kitchen with ample
built-in cupboards, stunning granite countertops, and a double sink.
Two well-sized bedrooms with
built-in cupboards.
A family bathroom and a master
bedroom with an en-suite bathroom, including a shower.
First Floor Units
Each first-floor unit offers:
An open-plan lounge, dining
room, and kitchen.
A well-appointed kitchen with
built-in cupboards, granite countertops, an oven, hob, and double sink.
Two bedrooms with a family
bathroom.
A master bedroom with an
en-suite bathroom and shower.
Bachelor Flats
Each bachelor flat includes:
An open-plan lounge, dining
room, and kitchen.
Built-in cupboards and granite
countertops, making these units a perfect addition to the propertys
income stream.
Prime Location and Convenience
This property is ideally situated for convenient access to public
transportation via two major roads within walking distance. Its also close to
a variety of schools, hospitals, and tertiary institutions such as UKZN,
Coastal College, and DUT.
Additional Features
Aluminum windows throughout the
property ensure durability and style.
Fully tarred premises reduce
yard maintenance requirements.
Concrete fencing and gated
entry provide enhanced security.
A total of 12 open parking
spaces (6 per unit), providing ample parking for all residents.
Investment Opportunity
Offering peace of mind with its consistent income stream and low-maintenance
requirements, this property presents an ideal opportunity for those seeking
reliable, long-term returns. Dont miss your chance to invest in Glenwoods
thriving marketcontact us today to schedule a viewing and secure this prime
property!
Property details
- Listing number T4664552
- Property type Apartment
- Erf size 708 m²
- Rates and taxes R 2 137
Property features
- Bedrooms 6
- Bathrooms 10
- Lounges 6
- Dining Areas 6
- Open Parkings 12
- Access Gate
- Kitchen
- Electric Fencing