An excellent investment opportunity in the heart of Glenwood, a busy and highly sought-after suburb with consistently strong rental demand. This residential property comprises five well-proportioned units, offering an attractive income-generating mix: Four 2-bedroom apartments One spacious 3-bedroom apartment The property is currently being upgraded, offering buyers the opportunity to benefit from modern finishes upon completion. Upon completion, all units will be fully tiled and fitted with prepaid electricity and water meters, as well as new geysers, ensuring efficient cost control and low maintenance for the investor. The property features aluminium windows throughout and secure parking for all units. Set on a generous stand, the property offers excellent potential for future expansion or redevelopment. With GR2 zoning, it is ideally suited for long-term rental income and future development opportunities. Secure and well located, with close proximity to major transport routes, universities, and essential amenities, this property represents a valuable opportunity in a high-demand rental area. Contact Shavir today to arrange a private viewing and discuss this promising investment opportunity.
Purchase Price R 8 500 000
Type of PropertyApartment
Monthly Rates15000.00
Land Size954.00 m2
Last Updated10 Jun 2026
Bedrooms11.0
Bathrooms5.5
Garages4.0
Carports4.0
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