3 Bedroom House For Sale in Glenwood
R1,595,000
Monthly Bond Repayment R17,009.55
Calculated over 20 years at 11.5% with no deposit.
Web Ref No DPR16755
Neat house with four extra income-generating units for sale in Glenwood
Dormehl Phalane Musgrave presents a Glenwood home for sale that offers a great investment opportunity.
This property combines a neat and spacious, 105m², two-bedroom house with four additional income-earning units.
The house has two spacious bedrooms with built-in-cupboards, each with en-suite bathroom, one with a shower and the other a bathtub. An open-plan lounge and dining area lead to a fitted kitchen with granite counter tops, fitted cupboards, and plumbing for a washing machine/dishwasher.
A study opens onto a private garden with built-in braai, gazebo and jacuzzi. The house also has an automated double garage which includes plumbing for a washing machine.
Also in the house is a separate, private, 70m² flatlet consisting of a bedroom, lounge, kitchen (plumbed for washing machine), bathroom and a large verandah.
A separate building at the back of the property includes a bachelor flatlet with a kitchen area and undercounter fridge, and an en-suite bathroom with a shower. Also here are two comfortable, tiled, single rooms – each with an undercounter fridge. These two units have a shared bathroom and kitchen area. Tenants use a separate entrance.
For those seeking a prime investment opportunity, the gross monthly rental income is R17 800.
Call Kevan today to view and discuss this wonderful investment opportunity.