8 Bedroom House For Sale in Durban
BondCosts
Property description
Located in the expanding business hub of Glenwood you are taken back in time with this exquisite multi purpose 8 bedroom property.
This solid stone masterpiece from around early 1900's is your slice of Glenwood heaven and would be ideal as a a stately residential home for a growing family, as student accommodation, multi business operations with an abundance of income generating space all situated on one plot.
This enchanted double storey castle oozes charm and classic elegance.
2 x bathrooms and separate toilets (1 Upstairs & 1Downstairs)
There are 2 x fully equipped gourmet kitchens with extensive storage space..
A fully functioning basement office under the house is a additional feature in this iconic property.
Income generating multi purpose spaces on the property include:
* 3 x Wendy offices with aircons and pre-paid electricity
* 3 x Ensuite flatlets at the back (1 x Airbnb unit averaging 8k per month, 1 has tenant at 5k per month, 1 has a chiropractor 3k per month)
* Main property was getting 55k and upstairs was getting 20k.
* Property has 2x Jojo tank water systems.
* Property is very well maintained throughout.
Situated close to shops, schools, places of worship, this exquisite property would be ideal as a guest hotel, Air BnB, preschool, medical practices, the opportunities are limitless.
There are great views from the upstairs balcony as well as a swimming pool at the back of the property.
Stained glass doors adorn this grande dame.
There is a total of 6 off street parking on this property offering safety and security.
Endless opportunities and multi income generating spaces are on offer with this solid piece of Durban's heritage so why not make an appointment to view this masterpiece.
Call now to View!!
- Study
- Flatlet
- Store Room
- Patio
- Freehold
- Security Features
- Pets Allowed
- Flooring: Tiles, Wood, Parquet
- Walling: Fully Walled
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
