Prime Spacious Glenwood Home With 2 Bedroom Income Generating Cottage.
RENTAL INCOME R21 450 with potential upside with potential additional bachelor room.
Location:
- Situated close to Penzance Primary School
- Less than 1KM from UKZN Howard College and Nelson Mandela School of Medicine
Main House Features:
- 3 spacious bedrooms with 1 smaller room currently being used as a room, which can be used as a study, all with built-in cupboards
- 2 bathrooms (one with a bathtub, separate shower and basin)
- A large, open-plan lounge leading to the entrance hall and private secure patio
- Full kitchen featuring a hob and under-counter oven, plus ample cupboard space
- Includes blinds, curtains, and curtain rails throughout
- Prepaid electricity meters installed for easy utility management
Current Rental Income from the four rooms: R13,450/month
Additional Amenities:
- Automated garage door with a brick-paved flooring
- Double garage with secure parking
- Burglar bars, security gates, and fenced perimeter for enhanced security
- Washing lines and ceiling fans in various rooms for convenience
- Perfectly suited for a family or as a rental investment with high income potential
2-Bedroom Flat:
- Offers additional rental income or space for extended family
- Self-contained with 2 bedrooms, kitchen and 2 bathroom
Current Rental Income: R7000/month
This property is close to schools, shops, and churches, making it ideally located for families or professionals. The seller is actively maintaining the property.
