3 Bed House in Glenwood

This well-secured and well-maintained property offers a unique opportunity for comfortable living and investment inco

me. It features a main dwelling, a spacious one-bedroom cottage, and four income-generating lettable units, making it a versatile and valuable option for buyers.

Main Dwelling:

The main house includes a generously sized living room, offering ample space for both lounge and dining room furniture. The lounge flows seamlessly into a well-equipped kitchen featuring granite countertops, space for a double-door fridge, a bar fridge, and an array of built-in cupboards. The kitchen also boasts modern fixtures such as a Bosch Ceran hob, an under-counter oven, a Defy cooker hood, and LED strip lighting.

A passageway leads to two beautifully carpeted bedrooms, each with built-in cupboards. The master bedroom features a modern en-suite bathroom with a shower, while the second bedroom offers a bathroom with a corner bath. Both bedrooms are air-conditioned and equipped with fitted bedside pedestals.

The passage is equipped with a large storage cupboard, a fitted alarm system, and a smoke detector, providing peace of mind. The office/study includes built-in cupboards for office supplies, a spacious worktop for a computer, and an aluminum sliding door with a slam-lock security gate, opening out to the garden.

Outdoor Features:

The private front garden includes a tiled verandah and a built-in braai, perfect for outdoor entertaining. The property also includes a spacious 38-square-meter automated garage, remotely operated with an emergency release. The garage is equipped with a metal tool cupboard, built-in storage, plumbing for a washing machine, and a workbench.

The property has two driveways, ample motorcade space, and exterior lights that automatically turn on at night, enhancing security.

Income-Generating Units:

The property includes four lettable units with separate access and shared facilities like a DSTV dish, communal wash-line, and solar panels for hot water. These units are detailed as follows:

Two Single Rooms: Each unit has a built-in cupboard, under-counter fridge, kitchen sink, tiled floors, and shared bathroom facilities, generating R2,800 per month per unit.

Bachelor Unit: This unit features a shower bathroom and yields R3,700 per month.

One-Bedroom Cottage: The 70-square-meter cottage includes a tiled lounge and kitchen, a bedroom, and two bathrooms (one with a bath, the other with a shower). It is rented for R5,700 per month, including utilities.

Investment Potential:

This property presents an excellent investment opportunity with a potential rental yield of R17 000 per month from the lettable units, in addition to the comfortable main dwelling.

Located in a peaceful cul-de-sac, this property is immaculate, well-presented, and equipped with strong security features.

Dont miss out on this well-priced property offering excellent value. Viewings by appointment only.