Investment property For Sale in Bluff, Durban, KwaZulu Natal

R1,250,000

93 Glenardle road, Bluff, Durban, KwaZulu Natal, Bluff, Durban, KwaZulu Natal, KwaZulu Natal

House for sale in Bluff, Durban, KwaZulu Natal, 93 Glenardle road, Bluff, Durban, KwaZulu Natal

93 Glenardle road, Bluff, Durban, KwaZulu Natal, Bluff, Durban, KwaZulu Natal, KwaZulu Natal

R1,250,000

Ref:1591026
3Bed
1Bath
Type: House

Description

Endless Potential with Multiple Income Streams in Sought-After Glenardle Road, Bluff

If you've been searching for a property with outstanding income-generating potential, this is an opportunity you won't want to miss.

Situated on the ever-popular Glenardle Road, Bluff, this property enjoys a prime location close to shopping centres, schools, beaches, medical facilities and all essential amenities, making it highly attractive to both homeowners and tenants.

The three-bedroom main house offers generous space and solid bones but is in need of a facelift and modernisation. With some renovation and vision, it has the potential to achieve rental income from R9,000+ per month.

Adding to the appeal is a move-in-ready one-bedroom flat, ideal for immediate rental, with an estimated income of approximately R6,000 per month.

The property also features:

An outbuilding currently capable of generating around R3,000 per month, with the potential to earn up to R5,000 per month after some improvements.
An incomplete teen pad, offering an exciting opportunity to complete and create an additional rental unit with an estimated income of R3,000 to R4,000 per month.
Secure parking behind automated gates.
Ample yard space.
A separate laundry room.
Additional storage space.

This property has been priced to sell and reflects the work required, making it an excellent opportunity for investors, renovators or buyers looking to add value and build long-term wealth.

With the potential for multiple rental incomes from one property, the possibilities here are substantial.

Come and see the potential for yourself. Contact me today to arrange a viewing and let's discuss a reasonable offer.

Location

93 Glenardle road, Bluff, Durban, KwaZulu Natal, Bluff, Durban, KwaZulu Natal, KwaZulu Natal

Data

Object TypeHouse
Purchase PriceR1,250,000
Living Space0 m²
Plot SizeN/A
Bathrooms1
Construction YearN/A
ConditionNot specified
Rooms3

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

Contact Agent