3 Bedroom House in Glen Hills
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