Property description

This multi-story commercial property in Glenwood, presents a distinctive architectural character with bay windows, balconies, and a red-tiled roof. Situated on a busy street. With an erf size of 690 sqm, this property offers a substantial footprint in a well-connected suburban area known for its mix of residential and commercial properties.

Internally, the building features 4 x 2 bedrooms apartments each with a comfortably sized kitchen and each apartment has one bathroom making it highly versatile for multi-unit accommodation, offices, or a guesthouse conversion. The interiors boast hardwood floors, high ceilings, and large windows that invite natural light.

This property offers significant investment potential for entrepreneurs or developers looking to capitalize on its generous layout and prime location. A strategic renovation could transform this building into a modern, high-demand commercial asset. Security features include a gated driveway with and burglar bars, ensuring peace of mind. Ample parking with 4 lock up garages and 4 open bay parking's. Separate staff quatres with ablutions.

Rental is R8 700 per apartment.

Total = 4 x R8 700 = R34 800pm

Key Features:
* Multi-story commercial property
* 8 Bedrooms, 4 Bathrooms, 4 Kitchens
* 690 sqm Erf size
* Gated driveway
* 4 Parking bays & garages/storage
* Hardwood floors and high ceilings
* Renovation potential
* Prime Glenwood location