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7 Bedroom House For Sale in Glenwood

R2,295,000


Monthly Bond Repayment R23,299.50
Calculated over 20 years at 10.75% with no deposit.

Web Ref No DPR20340

Income-Generating Property – 7 Bachelor Units | R28,000 Monthly Income

Dormehl Phalane property Glenwood presents

Price: Priced to sell
Type: Investment Property
Tenure: Freehold
Occupancy: Fully Tenanted

An excellent opportunity for savvy investors! This well-maintained property comprises 7 separate bachelor units, each featuring:

Private bathroom

Dedicated parking space

Prepaid utilities


Located close to major public transport routes, ensuring strong tenant demand and minimal vacancies.

Currently fully let and generating a monthly income of R28,000, this property offers an attractive rental yield with reliable cash flow from day one.

Key Features:

7 self-contained bachelor units
Bathroom in every unit

Parking available for each tenant

Fully tenanted with stable rental income

Close to transport routes and amenities

Ideal for student or working tenant market


This is a rare find for anyone looking to secure a high-performing property investment in a sought-after area.

📞 Contact us today to arrange a viewing or for more details

Features

Bedrooms 7
Security Yes
Bathrooms 7
Land Size 793m²
Carports/Parkings 7
Monthly Rates R2,300.00

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