R1,595,000
R1,595,000
Monthly Bond Repayment R16,735.63
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Monthly Rates
R1,323
R1,323
Neat house with four extra income-generating units for sale in Glenwood
Dormehl Phalane Musgrave presents a Glenwood home for sale that offers a great investment opportunity.
This property combines a neat and spacious, 105m², two-bedroom house with four additional income-earning units.
The house has two spacious bedrooms with built-in-cupboards, each with en-suite bathroom, one with a shower and the other a bathtub. An open-plan lounge and dining area lead to a fitted kitchen with granite counter tops, fitted cupboards, and plumbing for a washing machine/dishwasher.
A study opens onto a private garden with built-in braai, gazebo and jacuzzi. The house also has an automated double garage which includes plumbing for a washing machine.
Also in the house is a separate, private, 70m² flatlet consisting of a bedroom, lounge, kitchen (plumbed for washing machine), bathroom and a large verandah.
A separate building at the back of the property includes a bachelor flatlet with a kitchen area and undercounter fridge, and an en-suite bathroom with a shower. Also here are two comfortable, tiled, single rooms – each with an undercounter fridge. These two units have a shared bathroom and kitchen area. Tenants use a separate entrance.
For those seeking a prime investment opportunity, the gross monthly rental income is R17 800.
Call Kevan today to view and discuss this wonderful investment opportunity.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3.5
Kitchens
2
Reception Rooms
4
Studies
1
Exterior
Garages
2
Carports / Parkings
5
Security
Yes
Flatlet
1
Sizes
Land Size
705m²
Glenwood, Durban
Durban
Durban is the largest city in the South African province of KwaZulu-Natal and the third largest city in the country, forming part of the eThekwini metropolitan municipality. Durban is famous as the busiest port in South Africa and is also a major centre of tourism because of the city's warm subtropical climate and extensive beaches. Voted as one of the top 10 family beach holiday cities in the...
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