3 Bed House in Glenwood

This is a must-see gem located at the top end of Moore road. The asking price is already under the rental income on this property that is divided into 3 independent sections. A commercial unit which brought in R15000pm income, A main 3 Bedroom house and a granny cottage.

The Main house is 3 Bedrooms all with their own bathrooms. The main bed is extremely generous with a large tub and very spacious shower. Both the other bedrooms are also very spacious. The Kitchen is a combination of gas and electric, has an under-counter oven, breakfast nook and this leads into a laundry area or possibly scullery for the Kitchen. There is also an amazing lounge and dinning area, the dinning area leads out to a deck that overlooks a sparking pool. There is adequate space in the yard.

The Commercial section of this property is renovated, air-conditioned, painted, gleaming floors, plumbing available in every room and has amazing road frontage. It Is configured as a 3-room office with 2 toilets, kitchen and a very generous reception area/ boardroom space. It has its own private entrance and running off a pre-paid electricity meter. This section also has adequate parking and the entire property and caters for 9 vehicles, 3 via an automated garage and a further 6 in the drive-in access. Further parking could be created as needed.

There is also separate 1-bedroom domestic accommodation and an income generating flatlet that currently has a long-standing tenant paying R 4800pm(own prepaid meter)

This property has a conservative income of R 31 800pm! It will be very hard to find value like this and if you have the vision this property could generate more income very easily.

Bonus on this property is Solar Power which keeps the property up and running during loadshedding, all 3 sections are independent for privacy and extremely reasonable rates at R2638.