R 2 735 000
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3 Bedroom House in Glen Hills

3 2 8 867 m²

Prime Investment Opportunity 3-Bedroom Home with 4 Income-Generating Flatlets

An exceptional prospect for investors, this versatile property offers a spacious family home alongside four fully tenanted flatlets, generating a combined rental income of approximately R30,000 per month.

The main home features a seamless open-plan design, where the lounge, dining area, and kitchen flow effortlessly onto a covered deck, creating the perfect space for entertaining while overlooking the inviting pool.

The kitchen is well-appointed with a gas stove, plumbing for two appliances, and additional plumbing on the rear stoep for added convenience.

Accommodation includes:

Three generously sized bedrooms, with the main bedroom air-conditioned for comfort.

Two bathrooms, including a private en-suite in the main bedroom and a family bathroom with a double shower.

Complementing the main residence are four income-generating flatlets, consisting of:

Two one-bedroom flats

Two bachelor flats

Adding to its investment appeal, the property holds business rights and has previously been operated as a Bed andamp Breakfast.

A rare opportunity to secure a high-yield investment in a sought-afterlocation.

G GAVIN PROPERTIES (PTY) LTD trading as RE/MAX Panache (North Durban) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Property details

  • Listing number T4506063
  • Property type House
  • Listing date 8 Oct 2024
  • Land size 867 m²
  • Rates and taxes R 4 700

Property features

  • Bedrooms 3
  • Bathrooms 2
  • En-suite 1
  • Lounges 1
  • Dining areas 1
  • Open parking 8
  • Flatlets
  • Pet friendly
  • Access gate
  • Deck
  • Fenced
  • Patio
  • Pool
  • Storage
  • Entrance hall
  • Kitchen
  • Garden
  • Family TV room
  • Paving
  • Aircon

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