1.5 Bed Flat in Glenmore

1.5 1 1 2 786 m² 78 m²

GREAT INCOME GENERATOR!

This investment opportunity seems to cater well to the student market, given its proximity to UKZN and the presence of popular food outlets below the complex. The 24-hour guard and biometric access add to the security appeal, and the active involvement of the Body Corporate could provide reassurance to potential investors.

The flat has a bathroom, separate toilet, kitchen and a lounge converted into an additional bedroom as well as an additional half bedroom. The main bedroom is big to accommodate more students. This maximizes the rental potential, making it suitable for 4 to 5 students. The flat is on the top floor, a corner unit making it very private.

Furthermore, the location''s convenience, with easy access to Pavillion Shopping Mall and Queensmead Shopping Centre, as well as the presence of many schools in the area, adds to its attractiveness.

However, potential buyers should consider factors such as ongoing maintenance costs, property management, and potential fluctuations in the student rental market. Conducting thorough due diligence, including examining the rental demand and comparable properties in the area, would be prudent before making an investment decision.

Property details

  • Listing number T4514469
  • Property type Flat
  • Erf size 2 786 m²
  • Floor size 78 m²
  • Rates and taxes R 800
  • Levies R 1 588

Property features

  • Bedrooms 1.5
  • Bathrooms 1
  • Covered Parkings 1
  • Balcony
  • Security Post

Photo gallery

>