Great 14% ROI. Newly Tenanted One and a half bedroom semi furnished apartment in Glenwood.

Glenwood, Durban, KwaZulu Natal, KwaZulu Natal

Apartment

ZAR 680,000

• 1 bedrooms
• 1 bathrooms
• 75 sqm

Rental income R8000 plus ethekweni utilities. New 12 month lease started 1 May with rental increase to R8499 1 May 2027.One and half bedroom apartment on the 3rd floor, no lift, 1 undercover parking bay, 1 toilet and bath with shower in the bath. The half bedroom section is suitable for a baby or young child or office/sunroom. Loads of built in cupboards in bedroom & kitchen. There is a queen size sleigh bed, lounge table, oven, fridge, crockery & cutlery which the tenant is welcome to make use of. Great security, with electric remote controlled drive way gate and seperate electric security disc operated walk in gate. Walking distance to Woolworths, Spar, hospitals, school, college, university, taxis, restaurants, coffee shops & a wonderfull family park across the road. Ethekweni averages R1000/month. Lovely garden with wash lines, herb garden, children play area, braai area and chill out space. Can view anytime as newly tenanted.