R 1 750 000
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4 Bed House in Glenwood

4 2 2 463 m²

Prime Spacious Glenwood Home With 2 Bedroom 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.

Property details

  • Listing number T4788829
  • Property type House
  • Listing date 13 Sep 2024
  • Land size 463 m²
  • Rates and taxes R 1 400

Property features

  • Bedrooms 4
  • Bathrooms 2
  • Lounges 1
  • Dining areas 1
  • Garage parking 2
  • Pet friendly
  • Access gate
  • Built in cupboards
  • Laundry
  • Patio
  • Entrance hall
  • Kitchen
  • Garden
  • Garden cottage
  • Paving
  • Aircon

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