R 4 500 000
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6 Bed Apartment in Glenwood

6 10 12 708 m²

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

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