12 Bedroom House in Glenwood

Welcome to a fabulous investment opportunity in the heart of central Glenwood!

This well-maintained 12-bedroom, 13-bathroom property is currently fully tenanted, generating an impressive rental income of approximately R60,000R70,000 per month. With strong income potential and a prime location, this property is an excellent opportunity for savvy investors.

The residence is neat, clean and ideally suited for student accommodation, while also offering the flexibility to be converted into an Airbnb, guest lodge, boutique hotel or other income-generating accommodation venture.

Key Features:

12 spacious bedrooms, all with en-suite bathrooms

13 bathrooms in total

Fully tenanted with rental income of R60,000R70,000 per month

Fully tiled throughout for easy maintenance

Built-in cupboards in all bedrooms

Ample parking

Communal washing lines

Conveniently situated on major transport routes

Close to shopping centres, schools, hospitals and other amenities

Pre-pd elec in every bedroom

Additional Building:

A second building on the property provides excellent additional potential and currently includes:

Large communal lounge areas

Dining area

Fully fitted kitchen

Bar area

Additional storeroom

Pantry

Laundry room

Additional bathroom facilities

The second building can easily be converted into additional living or accommodation space, creating the potential to further increase the property''s rental income.

Prime location established rental income excellent expansion potential a fantastic investment opportunity.

Whether you''re looking to expand your student accommodation portfolio or explore alternative accommodation options, this property offers versatility, income and long-term potential.

Don''t miss out on this exceptional investment opportunity in Glenwood. Make the call today to arrange your private viewing!