12 Bedroom House in Glenwood
Solid Investment Opportunity: 6-Unit Apartment Block
This solidly constructed apartment block comprises six well-designed flats, including a standout 3-bedroom duplex with exclusive access to a private swimming pooloffering a unique luxury feature within the complex. Situated on a prominent main road in Glenwood, the property boasts high visibility and easy access to essential amenities, public transport, and a renowned sports development school. Its central location enhances tenant convenience and appeal.
Currently generating a rental income of approximately R45,000 per month, this property presents a lucrative investment opportunity. Its proximity to educational institutions makes it ideal for conversion into student accommodation, tapping into the high demand for such housing in the area. With durable construction requiring minimal maintenance, investors can expect stable returns and potential for growth in Glenwood''s thriving rental market.
Property details
- Listing number T5106040
- Property type House
- Listing date 5 Jun 2025
- Rates and taxes R 10 000
Property features
- Bedrooms 12
- Bathrooms 7
- En-suite 2
- Lounges 6
- Garage parking 3
- Covered parking 4
- Storeys 3
- Flatlets
- Access gate
- Balcony
- Built in cupboards
- Fenced
- Patio
- Pool
- Kitchen
- Garden
- Paving