Property description
Investor's Dream – Glenwood | Multi-Unit Income Property 🔥
An extremely rare opportunity has come to market in sought-after Glenwood — the perfect income-generating property with 5 individual units, excellent return potential, and endless possibilities for the savvy investor.
🏡 MAIN DUPLEX – Unit 1
A spacious double-storey home offering:
• 3 Bedrooms (main ensuite)
• Family bathroom + Separate toilet upstairs
• Downstairs bathroom
• 2 Lounges + Separate dining room
• Bar/entertainment room
• Private pool + courtyard
• Garage
ADDITIONAL UNITS
Unit 2
• 1 Bedroom
• 1 Bathroom
• Kitchen & lounge
Unit 3
• 2 Bedrooms
• Kitchen & bathroom
Unit 4
• 2 Bedrooms
• Large kitchen & lounge
Unit 5
• 2 Bedrooms
Property Extras
• Parking for ±9 vehicles
• Garage facilities
• Laundry room + dedicated drying area
• Electric fencing for added security
• 3 Flats feature private balconies
💰 Current Rental Income: ± R45 000 p/m
(Owner occupies one unit – Fully tenanted potential ± R55 000+ p/m)
A solid income-producing block with strong bones and massive potential in a high-demand rental area. Perfect for long-term return, student accommodation, shared living or rental uplift upgrades.
- Pool
- Flatlet
- Sectional Title
- Security Features
- Sea View
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from TME Bam Realty
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
