R 2 090 000
5 Bed House in Glenwood
129 z k matthews road
THIS GLENWOOD PROPERTY POSSESSES A TRULY EXCEPTIOAL QUALITY
Originally a five-bedroom, two-bathroom house, the current owner decided to subdivide it due to its substantial size being excessive for two occupants. Presently, there are tenants occupying a one-bedroom ensuite with ample space and fully fitted kitchen, for which they pay R5,000 per month. The other half of the house comprises three bedrooms, one bathroom, an open-plan lounge and kitchen, and an enclosed veranda conveniently located adjacent to the pool.
Additionally, there is a self-contained flatlet beneath the house generating a monthly income ranging from R4,500 to R5,000. This flatlet includes a bathroom with a shower, basin, and toilet, a fully equipped kitchen, a lounge,
and a bedroom.
Furthermore, situated next to the garage, there is a bachelor flat generating a monthly income of R3,900.
This corner house presents an exciting opportunity for an investor with a vision to transform this distinctive property into one of the most lucrative assets in the sought-after area of upper Glenwood. Moreover, the property is well-suited for young professionals.
Don't hesitate to contact us now! We are committed to securing the best possible price that suits your needs.
Property details
- Listing number T4213224
- Property type House
- Floor size 725 m²
- Rates and taxes R 1 925
Property features
- Bedrooms 5
- Bathrooms 2
- Lounges 1
- Dining Areas 1
- Garages 2
- Flatlets
- Pool
- Kitchen
- Garden