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R4,999,000 | 12 Bedroom Apartment Block For Sale in Glenwood

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R4,999,000

Monthly Bond Repayment R49,072.35
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R10,000

Investor's Dream – Glenwood | Multi-Unit Income Property and its HOT HOT HOT

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.

Features

12
7
3
Pets Allowed
No
Interior
Bedrooms
12
Bathrooms
7
Kitchen
5
Reception Rooms
10
Furnished
No
Exterior
Garages
3
Security
Yes
Parkings
7
Flatlet
1
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
959m²
1
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