R1,595,000
R1,595,000
3
Bedrooms
3.5
Bathrooms
8
Parkings
Monthly Rates
R1,154.11
Total
R1,154.11
Secure and Immaculate Property with 4 Income-Generating Lettable Units
Web Ref.
RLS967809
This well-secured and well-maintained property offers a unique opportunity for comfortable living and investment inco
me. It features a main dwelling, a spacious one-bedroom cottage, and four income-generating lettable units, making it a versatile and valuable option for buyers.
Main Dwelling:
The main house includes a generously sized living room, offering ample space for both lounge and dining room furniture. The lounge flows seamlessly into a well-equipped kitchen featuring granite countertops, space for a double-door fridge, a bar fridge, and an array of built-in cupboards. The kitchen also boasts modern fixtures such as a Bosch Ceran hob, an under-counter oven, a Defy cooker hood, and LED strip lighting.
A passageway leads to two beautifully carpeted bedrooms, each with built-in cupboards. The master bedroom features a modern en-suite bathroom with a shower, while the second bedroom offers a bathroom with a corner bath. Both bedrooms are air-conditioned and equipped with fitted bedside pedestals.
The passage is equipped with a large storage cupboard, a fitted alarm system, and a smoke detector, providing peace of mind. The office/study includes built-in cupboards for office supplies, a spacious worktop for a computer, and an aluminum sliding door with a slam-lock security gate, opening out to the garden.
Outdoor Features:
The private front garden includes a tiled verandah and a built-in braai, perfect for outdoor entertaining. The property also includes a spacious 38-square-meter automated garage, remotely operated with an emergency release. The garage is equipped with a metal tool cupboard, built-in storage, plumbing for a washing machine, and a workbench.
The property has two driveways, ample motorcade space, and exterior lights that automatically turn on at night, enhancing security.
Income-Generating Units:
The property includes four lettable units with separate access and shared facilities like a DSTV dish, communal wash-line, and solar panels for hot water. These units are detailed as follows:
Two Single Rooms: Each unit has a built-in cupboard, under-counter fridge, kitchen sink, tiled floors, and shared bathroom facilities, generating R2,800 per month per unit.
Bachelor Unit: This unit features a shower bathroom and yields R3,700 per month.
One-Bedroom Cottage: The 70-square-meter cottage includes a tiled lounge and kitchen, a bedroom, and two bathrooms (one with a bath, the other with a shower). It is rented for R5,700 per month, including utilities.
Investment Potential:
This property presents an excellent investment opportunity with a potential rental yield of R17 000 per month from the lettable units, in addition to the comfortable main dwelling.
Located in a peaceful cul-de-sac, this property is immaculate, well-presented, and equipped with strong security features.
Don’t miss out on this well-priced property offering excellent value. Viewings by appointment only.
me. It features a main dwelling, a spacious one-bedroom cottage, and four income-generating lettable units, making it a versatile and valuable option for buyers.
Main Dwelling:
The main house includes a generously sized living room, offering ample space for both lounge and dining room furniture. The lounge flows seamlessly into a well-equipped kitchen featuring granite countertops, space for a double-door fridge, a bar fridge, and an array of built-in cupboards. The kitchen also boasts modern fixtures such as a Bosch Ceran hob, an under-counter oven, a Defy cooker hood, and LED strip lighting.
A passageway leads to two beautifully carpeted bedrooms, each with built-in cupboards. The master bedroom features a modern en-suite bathroom with a shower, while the second bedroom offers a bathroom with a corner bath. Both bedrooms are air-conditioned and equipped with fitted bedside pedestals.
The passage is equipped with a large storage cupboard, a fitted alarm system, and a smoke detector, providing peace of mind. The office/study includes built-in cupboards for office supplies, a spacious worktop for a computer, and an aluminum sliding door with a slam-lock security gate, opening out to the garden.
Outdoor Features:
The private front garden includes a tiled verandah and a built-in braai, perfect for outdoor entertaining. The property also includes a spacious 38-square-meter automated garage, remotely operated with an emergency release. The garage is equipped with a metal tool cupboard, built-in storage, plumbing for a washing machine, and a workbench.
The property has two driveways, ample motorcade space, and exterior lights that automatically turn on at night, enhancing security.
Income-Generating Units:
The property includes four lettable units with separate access and shared facilities like a DSTV dish, communal wash-line, and solar panels for hot water. These units are detailed as follows:
Two Single Rooms: Each unit has a built-in cupboard, under-counter fridge, kitchen sink, tiled floors, and shared bathroom facilities, generating R2,800 per month per unit.
Bachelor Unit: This unit features a shower bathroom and yields R3,700 per month.
One-Bedroom Cottage: The 70-square-meter cottage includes a tiled lounge and kitchen, a bedroom, and two bathrooms (one with a bath, the other with a shower). It is rented for R5,700 per month, including utilities.
Investment Potential:
This property presents an excellent investment opportunity with a potential rental yield of R17 000 per month from the lettable units, in addition to the comfortable main dwelling.
Located in a peaceful cul-de-sac, this property is immaculate, well-presented, and equipped with strong security features.
Don’t miss out on this well-priced property offering excellent value. Viewings by appointment only.
Features
Interior
Exterior
Sizes
Additional Amenities
Glenwood, Durban
Within the KwaZulu-Natal province of South Africa, nestled south of Bulwer lies Glenwood. The area is a middle-class suburb with mixed property types that comprise mainly freehold homes with fewer apartments and sectional-title townhouses. The architecture is assorted with a lot of homes dating back to the early 50s, extending from its colonial-style mansions to conventional and modern homes which all contribute to the average prices of properties in the suburb. Glenwood boasts a well-established neighbourhood with spectacular views and great schools, making it a wonderful place to raise a family. A brief history of the area Much of Glenwood's history can be seen in the magnificent architecture that still lines its streets today...
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Total Amount Repayable
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Monthly Repayment
R0,00
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